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TMCNet:  9.0% Return Seen to Date on SmarTrend American Independence Call (AMIC)

[December 05, 2012]

9.0% Return Seen to Date on SmarTrend American Independence Call (AMIC)

Dec 05, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for American Independence (NASDAQ:AMIC) on February 10th, 2012 at $4.73. In approximately 10 months, American Independence has returned 8.99% as of today's recent price of $5.15.

American Independence share prices have moved between a 52-week high of $6.68 and a 52-week low of $3.40 and are now trading 51% above that low price at $5.15 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.

American Independence Corporation is an insurance holding company involved in the insurance and reinsurance business. The Company acquires blocks of policies through Standard Security Life Insurance Company of New York and Madison National Life Insurance Company. American markets employer medical stop-loss, disability, group and individual life, credit life, and other products.

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