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

Core Viewpoint - Skyward Specialty Insurance (SKWD) is showing potential for investment as it has recently reached a key support level and surpassed the 50-day moving average, indicating a short-term bullish trend [1][2]. Technical Analysis - The 50-day simple moving average is a significant indicator for traders and analysts, used to identify support and resistance levels, and is considered crucial for determining trends [2]. - SKWD has experienced a 6.1% increase over the past four weeks, suggesting it may be on the verge of another rally [2]. Earnings Estimates - Positive revisions in earnings estimates for SKWD strengthen the bullish outlook, with no estimates decreasing in the last two months and four estimates increasing [3]. - The consensus estimate for SKWD has also risen, indicating growing investor confidence [3].