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Genworth Financi (GNW) Crosses Pivot Point Resistance at $4.57

By Nick Russo

Genworth Financi (NYSE:GNW) has opened bullishly above the pivot of $4.55 today and has reached the first level of resistance at $4.57. Analysts will be watching for a cross of the next upside pivot targets of $4.61 and $4.67.

Potential upside of 0.0% exists for Genworth Financi, based on a current level of $0.00 and analysts' average consensus price target of $3.81. The stock should find initial resistance at its 200-day moving average (MA) of $3.59 and further resistance at its 50-day MA of $4.59.

Genworth Financi share prices have moved between a 52-week high of $4.92 and the current low of $0.00 and are currently at $0.00 per share. The 200-day and 50-day moving averages have moved 0.61% higher and 0.10% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Genworth Financi on May 8th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $3.12. Since that recommendation, shares of Genworth Financi have risen 45.7%. We continue to monitor GNW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts genworth financi

Ticker(s): GNW