Market update
What happened
Enact Holdings Inc (ACT) closed the latest week at 47.32 USD ahead of its scheduled Aug. 5 earnings report, with the stock up 1.2% over one week and 4.4% over four weeks.
The weekly price path over 52 weeks shows an active trend state, supported by a 7.7 Relative Strength reading. Volume also backed the move, with 1.94 million shares traded in the latest week, about 1.2 times the 13-week average.
Market Dynamics provided confirmation at 1.26, while the earnings calendar points to a fiscal second-quarter report for the period ended June 30 with an earnings estimate of 1.20 USD.