Radian Group Near 52-Week High: Time to Buy, Sell or Hold the Stock?

Shares of Radian Group Inc. (RDN) closed at $34.24 on May 29, near its 52-week high of $37.86. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of $32.81 and $33.51, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.With a capitalization of $4.6 billion, the average num ...