ORI Stock Trades Below 50-Day SMA: What Should Investors Know?
Old Republic International Corporation (ORI) has been trading below its 50-day simple moving average (SMA), signaling a short-term bearish trend. As of Jan. 14, 2025, its share price was 39.27.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend. With a market capitalization of $8.8 billion, Old Republic International is th ...