Insurance Technology Industry News

TMCNet:  Shares of MKL Up 23.7% Since Uptrend Call on Shares

[November 16, 2012]

Shares of MKL Up 23.7% Since Uptrend Call on Shares

Nov 16, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Markel (NYSE:MKL) on October 21st, 2011 at $380.33. In approximately 13 months, Markel has returned 23.74% as of today's recent price of $470.61.

In the past 52 weeks, Markel share prices have been bracketed by a low of $378.75 and a high of $502.20 and are now at $470.61, 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.

Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. The Company also underwrites a diverse property, casualty, marine, and aviation insurance and reinsurance business on a worldwide basis.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Markel shares.Log in and add Markel (MKL) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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