Insurance Technology Industry News

TMCNet:  Everest Re Group Up 16.6% Since SmarTrend Uptrend Call (RE)

[February 22, 2013]

Everest Re Group Up 16.6% Since SmarTrend Uptrend Call (RE)

Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Everest Re Group (NYSE:RE) on November 28th, 2012 at $106.21. In approximately 3 months, Everest Re Group has returned 16.62% as of today's recent price of $123.86.

In the past 52 weeks, shares of Everest Re Group have traded between a low of $85.99 and a high of $125.87 and are now at $123.86, which is 44% above that low price. The 200-day and 50-day moving averages have moved 0.33% higher and 0.76% higher over the past week, respectively.

Everest Re Group, Ltd. provides reinsurance to property and casualty insurers in the United States and international markets. The Company also provides property and casualty insurance to policyholders in the United States and Canada. In addition, Everest Re offers excess and surplus lines insurance in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Everest Re Group shares.Log in and add Everest Re Group (RE) 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:

[ Back To Insurance Technology's Homepage ]