Insurance Technology Industry News

TMCNet:  PartnerRe Shares Up 17.8% Since SmarTrend's Buy Recommendation (PRE)

[December 28, 2012]

PartnerRe Shares Up 17.8% Since SmarTrend's Buy Recommendation (PRE)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for PartnerRe (NYSE:PRE) on March 28th, 2012 at $67.38. In approximately 9 months, PartnerRe has returned 17.76% as of today's recent price of $79.35.

Over the past year, PartnerRe has traded in a range of $61.30 to $84.85 and is now at $79.90, 30% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.3%.

PartnerRe Ltd. provides multi-line reinsurance to insurance companies on a worldwide basis through its wholly owned subsidiaries. The Company offers catastrophe, property, automobile, marine, space and aviation, credit/surety, miscellaneous casualty lines, life/annuity. and health.

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