Insurance Technology Industry News

TMCNet:  Uptrend Call Working As Markel Stock Rises 28.6% (MKL)

[November 23, 2012]

Uptrend Call Working As Markel Stock Rises 28.6% (MKL)

Nov 23, 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 28.57% as of today's recent price of $488.99.

Over the past year, Markel has traded in a range of $378.75 to $502.20 and is now at $488.99, 29% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

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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