Insurance Technology Industry News

TMCNet:  CNinsure Up 12.0% Since SmarTrend Uptrend Call (CISG)

[November 21, 2012]

CNinsure Up 12.0% Since SmarTrend Uptrend Call (CISG)

Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for CNinsure (NASDAQ:CISG) on September 14th, 2012 at $6.36. In approximately 2 months, CNinsure has returned 12.04% as of today's recent price of $7.12.

In the past 52 weeks, CNinsure share prices have been bracketed by a low of $5.00 and a high of $9.02 and are now at $7.12, 42% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.0%.

CNinsure, Inc. operates an independent insurance agency and brokerage company. The Company provides insurance-related services, such as claim assessments and 24-hour emergency services, but do not assume underwritting risks. CNinsure, instead, distributes to their customers in China, insurance products underwritten by domestic and foriegn insurance companies operating in China.

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