Skyward Specialty (SKWD): Insurance Growth Boosts MomentumSkyward Specialty Insurance Group, Inc. (SKWD) is a growing insurance provider specializing in customized coverage for businesses across various industries. From specialty property insurance to professional liability, Skyward offers tailored solutions that help companies manage risk effectively. Its growth is fueled by increasing demand for niche insurance products and a strong reputation for innovative underwriting strategies.
On the stock chart, SKWD recently showed a confirmation bar with rising volume and is finding demand at the Fibonacci 0.618 level inside the corrective zone (0.382-0.618). This is a key support area in uptrends, suggesting strong buying interest. A trailing stop can be set using Fibonacci levels with the Fibonacci snap tool, allowing traders to manage risk while staying in the trade.
