StockCall Study on MetLife, Prudential Financial, Manulife Financial, Assured Guaranty and Old Republic
LONDON, February 28, 2013 /PRNewswire/ --
Financial sector is looking up on the back of the recent stimulus incentive related comment made by the FED chief Ben Bernanke. Broader market indices are in a bullish mode as The Dow Jones closed 1.26% higher at 14,075.37, the S&P 500 closed 1.27% higher at 1,515.99, and the NASDAQ closed 1.04% higher at 3,162.26. We took a look at the financial services industry including major companies like MetLife Inc. (NYSE: MET), Prudential Financial Inc. (NYSE: PRU), Manulife Financial Corporation (NYSE: MFC), Assured Guaranty Ltd. (NYSE: AGO) and Old Republic International Corporation (NYSE: ORI). StockCall's free coverage on MET, PRU, MFC, AGO and ORI is available upon registration at
http://www.stockcall.com/register
MetLife traded in the range of $34.81 and $35.73 in its latest trading session and ended the day at $35.70, up 2.41 percent. The stock's 52 weeks range stands at $27.60 and $39.55. The company lost 5.46 percent of its value in the past 12 months, while it gained 8.38 percent so far this year. MetLife is in a bullish mode and may find its first support level at $34.99. It is trading below its 20-day moving average of $36.64. The stock traded 7.06 million shares in its latest trading session. Download the free technical research on MET by signing up at
http://www.StockCall.com/MET022813.pdf
Shares of Prudential Financial ended its previous trading session 2.23 percent up at $55.86. The stock gained more than 4 percent this year, in comparison to the 6.3 percent gain shown by S&P Index. The stock has support at around $55.49 at the moment. Despite its upward movement, Prudential is still trading below its 20-day moving average price of $57.02 and 50-day moving average price of $56.25. The stock traded 3.10 million shares in its latest trading session. Register now and get access to the free analysis on PRU at
http://www.StockCall.com/PRU022813.pdf
Manulife's stock is in a bullish mode and is trading above its 20-day SMA of $14.80. It ended its latest trading session 2.27 percent higher at $14.85 and it oscillated in the range of $14.46 and $14.85 during the session. The stock trades at Price/Earnings ratio of 18.56. Manulife Financial is expected to face its first resistance level at $15.40. Sign up and read the complimentary report on MFC at
http://www.StockCall.com/MFC022813.pdf
Assured Guaranty stock closed at $18.44, 0.60 percent up. The stock traded in the range of $18.13 and $18.46 during the session and is currently trading above its 20-day moving average price of $18.43. Assured Guaranty gained 29 percent so far this year. Its beta is 2.52 and the stock is in a bullish phase and its first resistance level is at $18.47. On the downside, its first support is at $17.55. Upon breaching this level, its second support level is at $16.95. The free report on AGO can be downloaded by signing up now at
http://www.StockCall.com/AGO022813.pdf
Old Republic International is up 12 percent for the year. It has gained 11.8 percent in the past 52 weeks. The stock closed 1.19 percent up at $11.94 on volume of 2.81 million shares. Its average trading volume stands at 1.68 million shares. The company's shares currently face resistance at around $12.23. The stock has support at $11.77. It is currently trading above its 20-day and 50-day moving averages, which is a bullish signal. Free report on ORI can be accessed by registering at
http://www.StockCall.com/ORI022813.pdf
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