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TMCNet: Shares of CHE Up 16.8% Since Uptrend Call on Shares

[April 12, 2012]

Shares of CHE Up 16.8% Since Uptrend Call on Shares

Apr 12, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Chemed (NYSE:CHE) on January 10th, 2012 at $53.57. In approximately 3 months, Chemed has returned 16.84% as of today's recent price of $62.59.

In the past 52 weeks, Chemed share prices have been bracketed by a low of $47.66 and a high of $72.25 and are now at $62.59, 31% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.


Chemed Corporation operates in the healthcare field through its subsidiary Vitas Healthcare Corporation. The Company also maintains a presence in the residential and commercial repair-and-maintenance-service industry under the names Roto-Rooter and Service America Network Inc.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Chemed shares.Log in and add Chemed (CHE) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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