Analysis Summary for Assurant Inc (AIZ)
Date of Analysis: May 24th, 2024
Time Target: A 4.5-year up composite cycle arrives on August 19th, 2024.
Price Target: $230 (+/- $10)
Projected Move: The time cycle decomposition of AIZ shows that there is going to be a top to bottom fast move approximately from late August to early 2025.
Deep analysis of AIZ suggests the following:
- AIZ reaches approximately $230 (+/- $10) by August 19th (+/- associated variance).
- It starts to sell off fast to the end of 2024 or the beginning of 2025.
- As there are no clearer indications in terms of TIME of the upcoming bottom, the PRICE projection is a little blurry at the moment. Nevertheless, we have a dangerous target at $140 (+/- $10). If AIZ goes below that target, we should expect a much lower bottom below $100.
In summary: AIZ should increase into $230 by late August 2024 and then start a fast move to the downside, to $140 or lower, within 4-6 months.
