Fresenius Medical Care levels up 2.13% in Friday's session; traders eye opening bell in 23 hours time

A quick look at Friday: the US-German healthcare company rallied 2.13% and maintained $23.93.

Fresenius Medical Care AG & Co. KGaA could be slowing down soon; it is getting close to the resistance line and is now at $24, only 7 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. Fresenius Medical Care's upper Bollinger Band® is at $24.49, this is a slight indication of a slowdown.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Fresenius Medical Care is set for a reversal in the coming days.

A look at other health care stocks also showed bullish price action as Novo Nordisk gained 3.06%, as it traded at $161.83. Pfizer added 1.55% to its value, and traded at $36.68. Novartis was up 1.56%.

Furthermore, the market is looking at United States ISM Manufacturing PMI (Jun) is expected tomorrow at 14:00 UTC.

The US-German healthcare company has appreciated 50.1% over the past six months.