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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Red day on Thursday for Kinsale Capital Group Inc
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 29, 2024 Gain 32.03% PDF

The Kinsale Capital Group Inc stock price fell by -1.40% on the last day (Thursday, 28th Mar 2024) from $532.18 to $524.74. During the last trading day the stock fluctuated 2.10% from a day low at $523.68 to a day high of $534.67. The price has risen in 6 of the last 10 days and is up by 3.73% over the past 2 weeks. Volume has increased on the last day by 71 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 179 thousand shares were bought and sold for approximately $94.19 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 $519.32 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 53.79% during the next 3 months and, with a 90% probability hold a price between $798.68 and $927.88 at the end of this 3-month period.

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KNSL Signals & Forecast

A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -4.24%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Kinsale Capital Group Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $524.97. On a fall, the stock will find some support from the long-term average at approximately $500.50. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

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

Kinsale Capital Group Inc finds support from accumulated volume at $505.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $10.99 (2.10%) between high and low. For the last week, the stock has had daily average volatility of 1.74%.

Our recommended stop-loss: $507.11 (-3.36%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (KNSL) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Kinsale Capital Group Inc to open at $527.70, and during the day (based on 14 day Average True Range), to move between $513.19 and $536.29, which gives a possible trading interval of +/-$11.55 (+/-2.20%) 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 4.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $528.86 (0.79%) than the support at $505.03 (3.76%), 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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.874 Buy Candidate Unchanged

Predicted Opening Price for Kinsale Capital Group Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$527.70 ( 0.563%) $524.74

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 538.69 2.66 %
R2 534.49 1.86 %
R1 531.89 1.36 %
Current price: 524.74
Support S1 523.50 -0.237 %
S2 520.90 -0.731 %
S3 516.71 -1.53 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 547.98 4.43 %
R2 532.97 1.57 %
R1 528.86 0.785 %
Current price 524.74
Support S1 505.03 -3.76%
S2 496.46 -5.39%
S3 437.57 -16.61%

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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

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 2024-03-28, the price of an Kinsale Capital Group Inc (KNSL) share was $524.74.

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 $292.37.

What is the market capitalization of Kinsale Capital Group Inc Stock?
As of the 2024-03-28, 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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