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Radian Group Inc Shares Up 19.6% Since SmarTrend's Buy Recommendation (RDN)

By Amy Schwartz

SmarTrend identified an Uptrend for Radian Group Inc (NYSE:RDN) on January 9th, 2019 at $17.05. In approximately 2 months, Radian Group Inc has returned 19.65% as of today's recent price of $20.40.

In the past 52 weeks, shares of Radian Group Inc have traded between a low of $14.06 and a high of $22.13 and are now at $20.42, which is 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has risen 0.5%.

Radian Group Inc. provides financial guarantee insurance. The Company's products and services enable homebuyers to purchase homes more quickly and with smaller down payments, protect lenders against loan default, and lower the costs of mortgage origination and servicing. Radian also provides insurance and reinsurance to investors in corporate, municipal, and asset-backed securities.

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

Log in and add Radian Group Inc (RDN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights radian group inc

Ticker(s): RDN