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26.4% Return Seen to Date on SmarTrend RenaissanceRe Holdings Call (RNR)

By David Diaz

SmarTrend identified an Uptrend for RenaissanceRe Holdings (NYSE:RNR) on July 1st, 2016 at $116.96. In approximately 9 months, RenaissanceRe Holdings has returned 26.41% as of today's recent price of $147.85.

In the past 52 weeks, RenaissanceRe Holdings share prices have been bracketed by a low of $99.35 and a high of $150.74 and are now at $147.85, 49% above that low price. The 200-day and 50-day moving averages have moved 0.10% higher and 0.22% lower over the past week, respectively.

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance. The Company's business primarily consists of catastrophe reinsurance, specialty reinsurance, and individual risk business.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of RenaissanceRe Holdings shares.

Log in and add RenaissanceRe Holdings (RNR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights renaissancere holdings

Ticker(s): RNR