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Next Resistance Level for Assurant Inc (AIZ) is $100.34

By Nick Russo

Shares of Assurant Inc (NYSE:AIZ) opened today above their pivot of $99.69 and have already reached the first level of resistance at $100.13. Should the shares continue to rise, the resistance pivots of $100.34 and $100.99 will be of interest.

Over the past year, Assurant Inc has traded in a range of $82.31 to $111.43 and is now at $99.91, 21% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

Potential upside of 7.6% exists for Assurant Inc, based on a current level of $99.91 and analysts' average consensus price target of $107.50. The stock should find initial support at its 200-day moving average (MA) of $98.37 and further support at its 50-day MA of $95.49.

SmarTrend is tracking the current trend status for Assurant Inc and will alert subscribers who have AIZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts assurant inc

Ticker(s): AIZ