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Recent 52-Week High Exceeded in Shares of Travelers (TRV)

By Shiri Gupta

Travelers (NYSE:TRV) traded at a new 52-week high today of $97.03. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 2.3 million shares.

Travelers (NYSE:TRV) has potential upside of 0.6% based on a current price of $96.92 and analysts' consensus price target of $97.50. The stock should find initial support at its 50-day moving average (MA) of $93.69 and further support at its 200-day MA of $89.92.

In the past 52 weeks, Travelers share prices have been bracketed by a low of $79.89 and a high of $97.03 and are now at $96.92, 21% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

The Travelers Companies, Inc. provides commercial property casualty insurance and asset management services to businesses, government units, associations and individuals. The Company underwrites homeowners and auto insurance through independent agents.

SmarTrend is tracking the current trend status for Travelers and will alert subscribers who have TRV in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows Travelers

Ticker(s): TRV