[May 15, 2012] Shares of PMC Down 16.4% Since Downtrend Call on Shares Tweet May 15, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for PharMerica (NYSE:PMC) on January 12th, 2012 at $13.73. In approximately 4 months, PharMerica has returned 16.36% as of today's recent price of $11.48. In the past 52 weeks, PharMerica share prices have been bracketed by a low of $10.43 and a high of $16.45 and are now at $11.48, 10% above that low price. The 200-day and 50-day moving averages have moved 0.18% lower and 0.5% lower over the past week, respectively. PharMerica Corporation is a pharmaceutical services firm. The Company provides services to patients in hospitals and long term care settings. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of PharMerica. Log in and add PharMerica (PMC) 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 [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]