AXIS Capital Stock Near 52-Week High: Is This Your Buy Signal?

Shares of AXIS Capital Holdings Limited (AXS) closed at 102.36. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of 86.81, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.Earnings of AXIS Capital grew 67.1% in t ...