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TMCNet: Montpelier Re Holdings Has Returned 17.4% Since SmarTrend Recommendation (MRH)

[August 10, 2012]

Montpelier Re Holdings Has Returned 17.4% Since SmarTrend Recommendation (MRH)

Aug 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Montpelier Re Holdings (NYSE:MRH) on December 23rd, 2011 at $17.86. In approximately 8 months, Montpelier Re Holdings has returned 17.41% as of today's recent price of $20.97.
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Montpelier Re Holdings share prices have moved between a 52-week high of $21.78 and a 52-week low of $15.06 and are now trading 39% above that low price at $20.97 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

Montpelier Re Holdings Ltd. is the holding company of Montpelier Reinsurance Ltd. The Company is a Bermuda-based provider of reinsurance for the global insurance market. Montpelier writes a diversified range of insurance and reinsurance business with an initial emphasis on property exposed business.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Montpelier Re Holdings shares.Log in and add Montpelier Re Holdings (MRH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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