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: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.
More from Stocks
How Big Are Amazon's Shipping Ambitions? Layoffs at XPO May Reveal Clues
Amazon is taking an increasingly aggressive stance in logistics and transportation, as recent reports from delivery giant XPO suggest. But Amazon's ambitions also carry some risks.
Kass: 'Financial Weapons of Mass Destruction' Are Increasing
A changing market structure has annihilated natural price discovery, making me more skeptical of the reliability of the charts that form the basis of technical analysis.
Buffett Wants to Make an 'Elephant-Sized Acquisition' but Stocks Cost Too Much
'Prices are sky-high for businesses possessing decent long-term prospects,' Berkshire Hathaway chair says in annual shareholder letter.