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Shares of NMIH Up 55.4% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Nmi Holdings I-A (NASDAQ:NMIH) on January 10th, 2019 at $18.76. In approximately 5 months, Nmi Holdings I-A has returned 55.38% as of today's recent price of $29.15.

Over the past year, Nmi Holdings I-A has traded in a range of $15.62 to $31.34 and is now at $29.15, 87% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.5%.

NMI Holdings, Inc. was created to build a private mortgage insurer delivering high quality customer service and strong investor results. The Company intends to offer mortgage insurance on a national basis after receipt of the requisite approval from Fannie Mae or Freddie Mac.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nmi Holdings I-A shares.

Log in and add Nmi Holdings I-A (NMIH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nmi holdings i-a

Ticker(s): NMIH