The Chart of the Day belongs to the P&C insurance  company Skyward Specialty Insurance Group (SKWD). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, superior current momentum and having a Trend Seeker buy signal then used the Flipchart  feature to review the charts for consistent price appreciation.  Since the Trend Seeker signaled a buy on 9/15 the stock gained 11.71%.

(Click on image to enlarge)

SKWD Price vs Daily Moving Averages

Skyward Specialty Insurance Group, Inc., an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products. The company was incorporated in 2006 and is headquartered in Houston, Texas.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart Technical Indicators:

• 100% technical buy signals
• Trend Seeker buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 25.38% in the last month
• Relative Strength Index 72.11%
• Technical support level at $27.51
• Recently traded at $28.80 with 50 day moving average of $25.11

Fundamental Factors:

• Market Cap $1.06 billion
• Revenue expected to grow 29.90% this year and another 12.70% next year
• Earning estimated to increase  an additional 31.40% next year 

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Wall Street analyst gave 5 strong buy, 1 buy and 1 hold opinions on the stock
• Analysts' price targets are  between $27 and $35 with a consensus of $30

More By This Author:

Chart Of The Day: Sprout Farmers Market - Individual Investors And The Pros Disagree
Chart Of The Day: Tidewater - Services Off-Shore Rigs
Chart Of The Day: Imperial Oil - Oil Is Still King