Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. is trading at $71.97, up 3.75% on the session. The 50 day average sits at $66.26 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 54, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $67.22 with resistance near $71.37, so that band frames the current range. Average daily movement is roughly $2.14, or about 3.0% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 75, momentum of 43 and a risk score of 58.

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty insurance products, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control surveys and analysis, consulting, and claims processing services. This segment also offers non-insurance services and products through automobile and recreational vehicle dealer services businesses. It serves commercial, public and quasi-public entities, professionals, and individual customers. The Specialty Distribution segment comprises wholesale brokerage and specialty businesses. This segment offers professional liability and related package insurance products for dentistry, legal, eyecare, financial services, physicians, and real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents, as well as program management services for insurance carrier partners. In addition, the company's wholesale brokerage businesses underwrite and place excess and surplus commercial and personal lines insurance through independent agents and brokers. Its program businesses operate under the Arrowhead Programs name. The company was formerly known as Poe & Brown, Inc. and changed its name to Brown & Brown, Inc. in April 1999. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.