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Downtrend Call Working As United Insurance Stock Falls 43.4% (UIHC)

By Nick Russo

SmarTrend identified a Downtrend for United Insurance (NASDAQ:UIHC) on October 12th, 2018 at $19.89. In approximately 10 months, United Insurance has returned 43.42% as of today's recent price of $11.25.

In the past 52 weeks, shares of United Insurance have traded between a low of $10.72 and a high of $22.43 and are now at $11.25, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.9%.

United Insurance Holdings Corporation operates as a holding company. The Company, through its subsidiaries, writes and services property and casualty insurance. United Insurance Holdings serves customers in the United States.

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

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

Keywords: spotlights united insurance

Ticker(s): UIHC