Insurance Technology Industry News

TMCNet:  PartnerRe Has Returned 16.9% Since SmarTrend Recommendation (PRE)

[November 07, 2012]

PartnerRe Has Returned 16.9% Since SmarTrend Recommendation (PRE)

Nov 07, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PartnerRe (NYSE:PRE) on March 28th, 2012 at $67.38. In approximately 7 months, PartnerRe has returned 16.95% as of today's recent price of $78.80.

In the past 52 weeks, PartnerRe share prices have been bracketed by a low of $60.87 and a high of $84.85 and are now at $78.80, 29% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

PartnerRe Ltd. provides multi-line reinsurance to insurance companies on a worldwide basis through its wholly owned subsidiaries. The Company offers catastrophe, property, automobile, marine, space and aviation, credit/surety, miscellaneous casualty lines, life/annuity. and health.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PartnerRe shares.Log in and add PartnerRe (PRE) 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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