PFG Inc.
Ascending triangle breakout. MACD bullish.
OBV strong ( measure of accumulation )
Retest of brakeout possible.
S&P500 insurance industry group, has broken out
from a 6 month ascending triangle.
The sector vs the S&P500 looks to have bottomed.
The sector has underperformed since the start of year,
also maybe influenced by falling yields
( which recently have found some footing),
but has decoupled.
EPS ( $1,06 vs 0,92 ) 52 week low 35,39 , 52 week high 50,79
Target :
49.81
51
53
Support :
46 ( sma 75 )
44.66
Ascending triangle breakout. MACD bullish.
OBV strong ( measure of accumulation )
Retest of brakeout possible.
S&P500 insurance industry group, has broken out
from a 6 month ascending triangle.
The sector vs the S&P500 looks to have bottomed.
The sector has underperformed since the start of year,
also maybe influenced by falling yields
( which recently have found some footing),
but has decoupled.
EPS ( $1,06 vs 0,92 ) 52 week low 35,39 , 52 week high 50,79
Target :
49.81
51
53
Support :
46 ( sma 75 )
44.66
