Omnicell Trading Lower on 2.0x Above-Average Volume (OMCL)

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Dec 13, 2012 (Unusual volume via COMTEX) -- Omnicell shares are trading on heavy volume today, having fallen 0.0% to $15.89. Approximately 498,000 shares have changed hands today vs. average 30-day volume of 246,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

Over the past year, Omnicell has traded in a range of $12.33 to $18.15 and is now at $15.89, 29% above that low. The 200-day and 50-day moving averages have moved 0.26% lower and 0.14% higher over the past week, respectively.

Potential upside of 11.2% exists for Omnicell, based on a current level of $15.89 and analysts' average consensus price target of $17.67. The stock should discover initial support at its 200-day moving average (MA) of $14.46 and subsequent support at its 50-day MA of $14.02.

Omnicell, Inc. provides an integrated suite of clinical infrastructure and workflow automation solutions for healthcare facilities. The Company's solutions include pharmacy and supply systems, clinical reference tools, an Internet-based procurement application, and decision support tools. Omnicell sells and leases its products and services to a range of healthcare facilities.

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