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Alleghany Corp Has Returned 8.3% Since SmarTrend Recommendation (Y)

By Nick Russo

SmarTrend identified an Uptrend for Alleghany Corp (NYSE:Y) on April 16th, 2019 at $636.04. In approximately 1 month, Alleghany Corp has returned 8.30% as of today's recent price of $688.82.

In the past 52 weeks, Alleghany Corp share prices have been bracketed by a low of $558.50 and a high of $688.82 and are now at $688.82, 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.2%.

Alleghany Corporation, through its subsidiaries, is involved in the property and casualty and surety insurance business. The Company also provides reinsurance to Alleghany group operating units and affiliates own and manages properties in the Sacramento, California region, as well as conducts corporate investment and other activities.

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

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

Keywords: spotlights alleghany corp

Ticker(s): Y