Skyward Specialty Insurance (SKWD) Just Overtook the 50-Day Moving Average

The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important. SKWD could be on the verge of another rally after moving 6.1% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock. Once investors consider SKWD's positive earnings estimate revisions, t ...