Yesterday Fresenius Medical Care increased by 2.13%, ended the session at $23.93

A quick look at yesterday: Fresenius Medical Care rallied 2.13% and ended the session at $23.93.

At the same time, United States Core PCE Price Index (YoY) (May) released yesterday at 12:30 UTC with a figure of 4.6, while the previous figure was 4.7. United States Core PCE Price Index (MoM) (May) came out at 0.3, while a consensus of analysts was expecting 0.3. Fresh CFTC S&P 500 speculative net positions data from United States came out at -208,300.

Fresenius Medical Care AG & Co. KGaA could be slowing down soon as it approaches resistance at $24. Of course, crossing it might suggest 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 was up 1.55%. Novartis traded at $100.91 after closing yesterday's trading day at $99.36 (up 1.56%).

The kidney dialysis specialist has gained 50.1% since its lowest print of $12.81 earlier this year.