Hanger Orthopedic Upward Momentum Looks to Continue (HGR)
SmarTrend identified an Uptrend for Hanger Orthopedic (NYSE: HGR) on January 12, 2010 at $15.23. In approximately 2 months, Hanger Orthopedic has returned 23.8% as of today's recent price of $18.85.
Hanger Orthopedic is currently above its 50-day moving average of $17.11 and above its 200-day moving average of $14.69. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hanger Orthopedic shares.
Write to Chip Brian at cbrian@tradethetrend.com
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