AMED Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Amedisys, Inc. (AMED) crossed below their 200 day moving average of $14.49, changing hands as low as $14.40 per share. Amedisys, Inc. shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of AMED shares, versus its 200 day moving average:

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Amedisys, Inc. 200 Day Moving Average Chart

Looking at the chart above, AMED's low point in its 52 week range is $8.81 per share, with $18.70 as the 52 week high point — that compares with a last trade of $14.56.

According to the ETF Finder at ETF Channel, AMED makes up 1.58% of the SPDR S&PHealth Care Services ETF ( XHS) which is trading lower by about 1.4% on the day Wednesday.

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