Monday, April 28, 2008

Health Management Associates Inc.(HMA) has rising momentum with an uptrend

(25-Apr-2008) (25-Apr-2008) Health Management Associates Inc.(HMA) closed at 7.15, up 0.69 or 10.68 % for the day. Based on our analysis, Health Management Associates Inc.(HMA) has rising momentum with an uptrend.

The closing price of Health Management Associates Inc.(HMA) is above its 50 day moving average of 5.65 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Health Management Associates Inc.(HMA) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 27-Mar-2008, about 23 trading days ago.

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