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Shares of ACGL Up 49.7% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Arch Capital Grp (NASDAQ:ACGL) on January 9th, 2019 at $27.01. In approximately 8 months, Arch Capital Grp has returned 49.69% as of today's recent price of $40.44.

Over the past year, Arch Capital Grp has traded in a range of $24.79 to $41.57 and is now at $40.44, 63% above that low. The 200-day and 50-day moving averages have moved 0.77% higher and 1.02% higher over the past week, respectively.

Arch Capital Group Ltd. provides financial services. The Company offers life, health, and property insurance and reinsurance products, as well as mortgage services. Arch Capital Group serves customers globally.

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

Log in and add Arch Capital Grp (ACGL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights arch capital grp

Ticker(s): ACGL