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Shares of Fnf Group Rise Above Previous 52-Week High

By James Quinn

Fnf Group (NYSE:FNF) traded at a new 52-week high today of $42.26. So far today approximately 244,000 shares have been exchanged, as compared to an average 30-day volume of 980,000 shares.

FNF Group was created as a tracking stock proposal for the Fidelity National Financial, Inc. common stock. FNF provides title insurance, technology, and transaction services to the real estate and mortgage industries.

Over the past year, Fnf Group has traded in a range of $29.50 to $42.26 and is now at $42.26, 43% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

Potential upside of 8.8% exists for Fnf Group, based on a current level of $42.26 and analysts' average consensus price target of $46.00. The stock should discover initial support at its 50-day moving average (MA) of $39.85 and subsequent support at its 200-day MA of $36.21.

SmarTrend recommended that subscribers consider buying shares of Fnf Group on January 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.06. Since that recommendation, shares of Fnf Group have risen 29.7%. We continue to monitor FNF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows fnf group

Ticker(s): FNF