• Return to Headlines

Bullish Moving Average Cross by Assurant Inc (AIZ)

By James Quinn

Assurant Inc (NYSE:AIZ) shares have crossed bullishly above their 10-day moving average of $107.39 on a volume of 126K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Assurant Inc share prices have been bracketed by a low of $84.34 and a high of $111.43 and are now at $108.14, 28% above that low price. The 200-day and 50-day moving averages have moved 0.10% higher and 0.70% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Assurant Inc on May 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $92.24. Since that recommendation, shares of Assurant Inc have risen 15.8%. We continue to monitor AIZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses assurant inc

Ticker(s): AIZ