RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KNSL
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Green day on Wednesday for Kinsale Capital Group Inc stock after gaining 0.464%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 29, 2024 Gain 33.90% PDF

The Kinsale Capital Group Inc stock price gained 0.464% on the last trading day (Wednesday, 27th Mar 2024), rising from $529.72 to $532.18. During the last trading day the stock fluctuated 1.11% from a day low at $527.37 to a day high of $533.23. The price has risen in 6 of the last 10 days and is up by 3.53% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 24 thousand more shares were traded than the day before. In total, 108 thousand shares were bought and sold for approximately $57.49 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $517.58 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 55.54% during the next 3 months and, with a 90% probability hold a price between $805.06 and $934.39 at the end of this 3-month period.

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KNSL Signals & Forecast

The Kinsale Capital Group Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $523.27 and $497.14. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -2.88%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Kinsale Capital Group Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $505.03 and $496.46. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Kinsale Capital Group Inc finds support just below today's level at $505.03. If this is broken, then the next support from accumulated volume will be at $496.46 and $437.57.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $5.86 (1.11%) between high and low. For the last week, the stock has had daily average volatility of 1.75%.

Our recommended stop-loss: $509.36 (-4.29%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (KNSL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Kinsale Capital Group Inc to open at $530.93, and during the day (based on 14 day Average True Range), to move between $520.61 and $543.75, which gives a possible trading interval of +/-$11.57 (+/-2.17%) up or down from last closing price. If Kinsale Capital Group Inc takes out the full calculated possible swing range there will be an estimated 4.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $532.97 (0.15%) than the support at $505.03 (5.10%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Kinsale Capital Group Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kinsale Capital Group Inc stock to perform well in the short-term.

Current score: 3.318 Buy Candidate Unchanged

Predicted Opening Price for Kinsale Capital Group Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$530.93 ( 0.236%) $532.18

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KNSL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 536.79 0.87 %
R2 534.55 0.445 %
R1 533.17 0.185 %
Current price: 532.18
Support S1 528.69 -0.656 %
S2 527.31 -0.92 %
S3 525.07 -1.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 547.98 2.97 %
R1 532.97 0.148 %
Current price 532.18
Support S1 505.03 -5.10%
S2 496.46 -6.71%
S3 437.57 -17.78%

KNSL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Feb 26, 2024 Mar 13, 2024 $0.150 0.0292%
2 Nov 28, 2023 Nov 28, 2023 Dec 13, 2023 $0.140 0.0402%
3 Aug 16, 2023 Aug 28, 2023 Sep 12, 2023 $0.140 0.0337%
4 May 15, 2023 May 30, 2023 Jun 13, 2023 $0.140 0.0397%
5 Feb 15, 2023 Feb 27, 2023 Mar 13, 2023 $0.140 0.0486%

FAQ

What is the symbol for Kinsale Capital Group Inc Stock and on which exchange is it traded?
The symbol for Kinsale Capital Group Inc is KNSL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Kinsale Capital Group Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kinsale Capital Group Inc stock to perform well in the short-term.

How to buy Kinsale Capital Group Inc Stock?
Kinsale Capital Group Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kinsale Capital Group Inc Stock.

What's the current price of Kinsale Capital Group Inc Stock?
As of the end of day on the 2024-03-27, the price of an Kinsale Capital Group Inc (KNSL) share was $532.18.

What is the 52-week high and low for Kinsale Capital Group Inc Stock?
The 52-week high for Kinsale Capital Group Inc Stock is $548.47 and the 52-week low is $290.76.

What is the market capitalization of Kinsale Capital Group Inc Stock?
As of the 2024-03-27, the market capitalization of Kinsale Capital Group Inc is 12.284B.

When is the next earnings date for Kinsale Capital Group Inc?
The upcoming earnings date for Kinsale Capital Group Inc is Apr 25, 2024.
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About Kinsale Capital Group Inc

Kinsale Capital Group, Inc., a specialty insurance company, provides property and casualty insurance products in the United States. The company's commercial lines offerings include construction, small business, excess and general casualty, commercial property, allied health, life sciences, energy, environmental, health care, inland marine, public entity, and commercial insurance, as well as product, professional, and management liability insuranc... KNSL Profile

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