• Return to Headlines

Watch for Continued Gains in Shares of Fidelity & Guara (FGL)

By Shiri Gupta

Shares of Fidelity & Guara (NYSE:FGL) traded today at $31.35, breaking its 52-week high. So far today approximately 61,000 shares have been exchanged, as compared to an average 30-day volume of 337,000 shares.

Fidelity & Guara (NYSE:FGL) defies analysts with a current price ($31.35) 1.0% above its average consensus price target of $31.05. Fidelity & Guara shares have support at the 50-day moving average (MA) of $25.90 and additional support at the 200-day MA of $25.64.

Over the past year, Fidelity & Guara has traded in a range of $21.10 to $31.35 and is now at $31.35, 49% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.

Fidelity & Guaranty Life offers life insurance and annuity products. The Company provides a range of products and services including fixed and flex indexes, annuities, and universal life insurance. Fidelity & Guaranty Life serves clients throughout the United States.

SmarTrend recommended that subscribers consider buying shares of Fidelity & Guara on November 11th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $23.48. Since that recommendation, shares of Fidelity & Guara have risen 33.1%. We continue to monitor FGL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows fidelity & guara

Ticker(s): FGL