Catalyst Health Solutions: The Trend Continues Lower (CHSI)
SmarTrend identified a Downtrend for Catalyst Health Solutions (NASDAQ: CHSI) on February 04, 2010 at $38.00. In approximately 1 week, Catalyst Health Solutions has returned 3.8% as of today's recent price of $36.56.
Catalyst Health Solutions is currently below its 50-day moving average of $37.26 and should find support at its 200-day moving average of $29.53. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Catalyst Health Solutions.
Write to Chip Brian at cbrian@tradethetrend.com
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