Kinsale Capital Trades Above 50-Day SMA: What Should Investors Do?

Kinsale Capital Group, Inc. (KNSL) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of March 27, 2025, was $486.75, down 8.4$531.79.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 $11.33 billion, the average volume of shares traded ...