Insurance & Technology News
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PartnerRe Has Returned 36.5% Since SmarTrend Recommendation (PRE)
Mar 14, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for PartnerRe (NYSE:PRE) on March 28th, 2012 at $67.38. In approximately 12 months, PartnerRe has returned 36.54% as of today's recent price of $92.00.
In the past 52 weeks, PartnerRe share prices have been bracketed by a low of $64.22 and a high of $92.03 and are now at $92.00, 43% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.8%.
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 cbrian@mysmartrend.com
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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
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UPDATED 3:13 PM EST - May 18, 2013
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