user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 449572 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Travelers Bullish Moving Average Crossover Alert (TRV)

Published on Wed, 02/27/2013 - 12:11
By Mallory Stone

Travelers (NYSE:TRV) crossed over its 10-day moving average of $80.27 on a volume of 430K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Travelers has overhead space with shares priced $80.54, or 3.2% below the average consensus analyst price target of $83.18. The stock should find initial support at its 50-day moving average (MA) of $76.41 and further support at its 200-day MA of $68.76.

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.

In the past 52 weeks, Travelers share prices have been bracketed by a low of $55.86 and a high of $81.15 and are now at $80.54, 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.3%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Shares of Sciclone Pharmaceuticals Rise ...

Sciclone Pharmaceuticals (NASDAQ:SCLN) traded at a new 52-week high today of $7.02. Th ...

Fortinet: 52-Week High Recently Eclipsed...

Fortinet (NASDAQ:FTNT) traded at a new 52-week high today of $26.35. This new high was ...

Shares of Hain Celestial Rise Above Prev...

Hain Celestial (NASDAQ:HAIN) traded at a new 52-week high today of $99.24. Approximate ...

Stock Investors Sell Off Shares of Bill ...

Bill Barrett (NYSE:BBG) is a company whose shares are active, trading 1.2% lower to $22 ...

Shares of ECA Marcellus Trust Fall Below...

Shares of ECA Marcellus Trust (NYSE:ECT) traded at a new 52-week low today of $6.16. A ...

CARBO Ceramics Shares Climbing Higher, U...

Up 1.2% to $105.74, CARBO Ceramics (NYSE:CRR), is one of today's notable movers. The D ...

BRF - Brasil Foods: The Winning Streak C...

Shares of BRF - Brasil Foods (NYSE:BRFS) traded at a new 52-week high today of $26.61. ...

American Water Works Looks to Continue t...

Shares of American Water Works (NYSE:AWK) traded today at $50.39, breaking its 52-week ...