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Uptrend Call Working As Hanger Orthopedic Stock Rises 15.2% (HGR)
Jan 16, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Hanger Orthopedic (NYSE:HGR) on November 27th, 2012 at $24.75. In approximately 2 months, Hanger Orthopedic has returned 15.23% as of today's recent price of $28.52.
In the past 52 weeks, shares of Hanger Orthopedic have traded between a low of $18.29 and a high of $29.60 and are now at $28.48, which is 56% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.7%.
Hanger Orthopedic Group, Inc. is a professional practice management company focused on the orthotic and prosthetic (O&P) of the orthopedic rehabilitation industry. The Company acquires and operates O&P businesses throughout the United States, as well as manufactures O&P devices.
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.Log in and add Hanger Orthopedic (HGR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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