Palomar Holdings, Inc. (PLMR)

Palomar Holdings, Inc. is trading at $128.95, up 4.06% on the session. The 50 day average sits at $128.35 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 43.9, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $127.39 with resistance near $139.06, so that band frames the current range. Average daily movement is roughly $4.93, or about 3.8% of the share price, which is what any stop placement has to allow for. The overall health score of 42 out of 100 combines a trend score of 52, momentum of 28 and a risk score of 46.

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.