Shares of Travelers (NYSE:TRV) traded today at $80.85, breaking its 52-week high. Approximately 433,000 shares have changed hands today, as compared to an average 30-day volume of 2.1 million shares.

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.

There is potential upside of 2.1% for shares of Travelers based on a current price of $80.61 and an average consensus analyst price target of $82.33. The stock should discover initial support at its 50-day moving average (MA) of $75.40 and subsequent support at its 200-day MA of $68.21.

Travelers share prices have moved between a 52-week high of $80.85 and a 52-week low of $55.86 and are now trading 44% above that low price at $80.61 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

SmarTrend recommended that subscribers consider buying shares of Travelers on December 5th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $73.09. Since that recommendation, shares of Travelers have risen 9.9%. We continue to monitor TRV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.