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TMCNet:  Uptrend Call Working As AMERIGROUP Stock Rises 41.2% (AGP)

[November 22, 2012]

Uptrend Call Working As AMERIGROUP Stock Rises 41.2% (AGP)

Nov 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for AMERIGROUP (NYSE:AGP) on June 28th, 2012 at $64.86. In approximately 5 months, AMERIGROUP has returned 41.15% as of today's recent price of $91.55.


AMERIGROUP share prices have moved between a 52-week high of $91.75 and a 52-week low of $51.98 and are now trading 76% above that low price at $91.55 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

AMERIGROUP Corporation, a multi-state managed healthcare company, serves people who receive healthcare benefits through state-sponsored programs. Programs include Medicaid, Children's Health Insurance Program, and Family Care. The Company provides managed care and medical management programs, as well as offers community-based education and outreach programs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of AMERIGROUP shares.Log in and add AMERIGROUP (AGP) 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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