Kinsale Capital Group Inc (KNSL): Price Up $1.67 (1.01)% Over Past Day, Down $-0.88 (-0.52)% Over Past Hour

The Hourly View for KNSL

At the time of this writing, KNSL (Get Ratings)’s price is down $-0.88 (-0.52%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as KNSL has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

KNSL ranks 8th in terms of today’s price percentage change out of Insurance stocks.

KNSL’s Technical Outlook on the Daily Chart

At the moment, KNSL’s price is up $1.67 (1.01%) from the day prior. KNSL has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Kinsale Capital Group Inc’s price action over the past 90 days can be seen via the chart below.