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Best Relative Performance in the Property & Casualty Insurance Industry Detected in Shares of Axis Capital (AXS , ALL , ACGL , TRV , CB )

By David Diaz

We looked at the Property & Casualty Insurance industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Axis Capital (NYSE:AXS ) ranks first with a gain of 2.69%; Allstate Corp (NYSE:ALL ) ranks second with a gain of 2.11%; and Arch Capital Grp (NASDAQ:ACGL ) ranks third with a gain of 1.62%.

Travelers Cos In (NYSE:TRV ) follows with a gain of 1.50% and Chubb Ltd (NYSE:CB ) rounds out the top five with a gain of 1.46%.

SmarTrend recommended that subscribers consider buying shares of Chubb Ltd on January 10th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $128.71. Since that recommendation, shares of Chubb Ltd have risen 12.5%. We continue to monitor Chubb Ltd for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance axis capital allstate corp arch capital grp travelers cos in chubb ltd