Travelers Bullish Moving Average Crossover Alert (TRV)

Published on Mon, 03/02/2015 - 12:05
By Peter Chu in Moving average crossovers, TRV, moving crosses, nyse:trv, travelers

Travelers (NYSE:TRV) shares have crossed bullishly above their 10-day moving average of $107.64 on a volume of 456K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Travelers (NYSE:TRV) is currently priced 0.6% above its average consensus analyst price target of $107.11. The stock should discover initial support at its 50-day moving average (MA) of $106.18 and subsequent support at its 200-day MA of $98.39.

The Travelers Companies, Inc. provides commercial property casualty insurance and asset management services to businesses, government units, associations and individuals. The Company underwrites homeowners and auto insurance through independent agents.

Travelers share prices have moved between a 52-week high of $108.53 and a 52-week low of $82.32 and are now trading 31% above that low price at $107.76 per share. The 200-day and 50-day moving averages have moved 0.40% higher and 0.32% higher over the past week, respectively.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Analysis of Relative Performance in the ...

Below are five companies in the Specialty Stores industry that underperformed yesterday ...

Analysis of Relative Performance in the ...

Below are five companies in the Specialized Finance industry that underperformed yester ...

Shares of JA Solar Underperformed its Pe...

Below are five companies in the Semiconductors industry that underperformed yesterday o ...

Short-term Underperformance Detected in ...

Here are 5 stocks in the Restaurants industry ranked by performance. We compiled the t ...

Bottom 5 Companies in the Regional Banks...

Below are five companies in the Regional Banks industry that underperformed yesterday o ...

Short-term Underperformance Detected in ...

Analysis was conducted on the Property & Casualty Insurance industry to measure relativ ...

AstraZeneca has Relatively Underperforme...

Here are 5 stocks in the Pharmaceuticals industry ranked by performance. We compiled t ...

Bottom 5 Companies in the Packaged Foods...

Analysis was conducted on the Packaged Foods & Meats industry to measure relative perfo ...