What Will Happen to The National Security Group, Inc. (NSEC) Next? The Stock Formed a Several Months Wedge Down Chart Pattern

Investors sentiment increased to 0.67 in Q4 2018. Its up 0.27, from 0.4 in 2018Q3. It is positive, as 2 investors sold The National Security Group, Inc. shares while 1 reduced holdings. 0 funds opened positions while 2 raised stakes. 91,801 shares or 13.61% more from 80,806 shares in 2018Q3 were reported.
Tower Rech Lc (Trc) reported 704 shares. Dimensional Fund Advsr Ltd Partnership reported 0% stake. Earnest Prtn Ltd Liability Corp stated it has 900 shares or 0% of all its holdings. Royal Savings Bank Of Canada owns 2,500 shares or 0% of their US portfolio. Blackrock Inc has 0% invested in The National Security Group, Inc. (NASDAQ:NSEC) for 535 shares. Regions has 0% invested in The National Security Group, Inc. (NASDAQ:NSEC). Fmr Limited Company reported 3,839 shares or 0% of all its holdings.

Since November 14, 2018, it had 4 insider purchases, and 1 sale for $14,691 activity. $19,859 worth of stock was sold by Abernathey Andrew J. on Wednesday, November 14. 1,360 shares valued at $18,360 were bought by CLARK FRED JR on Wednesday, November 28.

The stock of The National Security Group, Inc. (NSEC) formed a down wedge with $11.06 target or 3.00 % below today’s $11.40 share price. The 8 months wedge indicates high risk for the $28.81M company. If the $11.06 price target is reached, the company will be worth $864,270 less.
Falling wedges are poor performers for bullish breakouts and are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 11% and 15%. The average rise is 32% and the decline is 15%. The falling wedges has high throwback and pullback rate: 56%, 69% and the percent of wedges meeting target is not very high.

The stock increased 3.64% or $0.4 during the last trading session, reaching $11.4. About 1,370 shares traded or 42.71% up from the average. The National Security Group, Inc. (NASDAQ:NSEC) has declined 14.29% since May 8, 2018 and is downtrending. It has underperformed by 18.66% the S&P500.

More notable recent The National Security Group, Inc. (NASDAQ:NSEC) news were published by: Finance.Yahoo.com which released: “Silver Price Forecast – Silver markets pull back to start week – Yahoo Finance” on March 11, 2019, also Finance.Yahoo.com with their article: “Wheaton Precious Metals (WPM) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release – Yahoo Finance” published on March 13, 2019, Finance.Yahoo.com published: “Teekay Tankers (TNK) Beats Q4 Earnings Estimates – Yahoo Finance” on February 21, 2019. More interesting news about The National Security Group, Inc. (NASDAQ:NSEC) were released by: Finance.Yahoo.com and their article: “Melinda Gates says she and Bill share one quality — and it holds an important lesson about successful relationships – Yahoo News” published on February 14, 2018 as well as Nasdaq.com‘s news article titled: “7 Declining Stocks With High Dividend Yields – Nasdaq” with publication date: May 10, 2017.

The National Security Group, Inc., an insurance holding company, provides insurance services and products in the United States. The company has market cap of $28.81 million. The firm operates through two divisions, Property and Casualty Insurance, and Life Insurance. It has a 37.01 P/E ratio. The Company’s Property and Casualty Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance services in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana.

The National Security Group, Inc. (NASDAQ:NSEC) Institutional Positions Chart

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