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Assurant Inc Bullish Moving Average Crossover Alert (AIZ)

By Shiri Gupta

Assurant Inc (NYSE:AIZ) crossed over its 10-day moving average of $94.29 on a volume of 235K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Assurant Inc has traded in a range of $82.31 to $111.43 and is now at $97.92, 19% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Assurant Inc on March 14th, 2019 by issuing a Downtrend alert when the shares were trading at $98.17. Since that call, shares of Assurant Inc have fallen 4.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses assurant inc

Ticker(s): AIZ