Insurance Technology Industry News

TMCNet:  12.2% Return Seen to Date on SmarTrend Assurant Call (AIZ)

[November 28, 2012]

12.2% Return Seen to Date on SmarTrend Assurant Call (AIZ)

Nov 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Assurant (NYSE:AIZ) on October 23rd, 2012 at $38.46. In approximately 1 month, Assurant has returned 12.17% as of today's recent price of $33.78.

In the past 52 weeks, shares of Assurant have traded between a low of $32.41 and a high of $44.54 and are now at $33.78, which is 4% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

Assurant, Inc. provides specialized insurance and insurance-related products. The Company offers individual and small employer group health insurance, group dental insurance, pre-funded funeral insurance, group disability and life insurance, creditor-placed homeowners insurance, manufactured housing homeowners insurance, debt protection administration, credit insurance, and warranties.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Assurant.

Log in and add Assurant (AIZ) 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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