FAF Stock Trades Above 50-Day SMA: What Should Investors Do?

First American Financial Corporation (FAF) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. 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.The insurer has a market capitalization of $6.52 billion. The average volume of shares traded in the last three months was 0.4 million. FAF has a solid track record of bea ...