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TMCNet:  AMERIGROUP Shares Up 41.4% Since SmarTrend's Buy Recommendation (AGP)

[December 21, 2012]

AMERIGROUP Shares Up 41.4% Since SmarTrend's Buy Recommendation (AGP)

Dec 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for AMERIGROUP (NYSE:AGP) on June 28th, 2012 at $64.86. In approximately 6 months, AMERIGROUP has returned 41.38% as of today's recent price of $91.70.


Over the past year, AMERIGROUP has traded in a range of $56.12 to $91.97 and is now at $91.70, 63% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

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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