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Downtrend Call Working As United Fire Grou Stock Falls 13.4% (UFCS)

By Amy Schwartz

SmarTrend identified a Downtrend for United Fire Grou (NASDAQ:UFCS) on January 17th, 2019 at $49.33. In approximately 3 months, United Fire Grou has returned 13.42% as of today's recent price of $42.71.

In the past 52 weeks, United Fire Grou share prices have been bracketed by a low of $42.65 and a high of $61.55 and are now at $42.71, 0% above that low price. The 200-day and 50-day moving averages have moved 0.34% lower and 1.11% lower over the past week, respectively.

United Fire Group, Inc. and its subsidiaries write property and casualty insurance and life insurance. The Company markets fidelity and surety bonds, reinsurance, ordinary life, annuities, and credit life products. United Fire also underwrites and brokers a limited amount of excess and surplus lines insurance. The Company is licensed primarily in the Midwestern and Western US.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of United Fire Grou.

Log in and add United Fire Grou (UFCS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights united fire grou

Ticker(s): UFCS