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Uptrend. Momentum is getting stronger.
Means
Buyers still have control in the short term.
Based on
Volatility is in a normal range and mostly steady.
Means
Swing size is in a normal range, but risk control still matters.
Based on
Current level looks expensive.
Means
Price is near the top of its recent range, so upside room can be limited.
Based on
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Both sell a wide mix of property and casualty insurance, including commercial, personal, and specialty coverage, and both rely on independent agents and brokers to reach customers. They are fighting for the same business accounts and the same small and midsized business customers that buy insurance through agent networks.
