SWISS RE – March low in focus

Shares in the SMI-listed Swiss reinsurer corrected the full recovery from the second half of March in recent weeks, settling back in the CHF 72-73 range. In this support area, technically driven buying interest is to be expected for the time being from an anti-cyclical point of view.

A rebound to the downward trend line on the daily chart is definitely possible for the buy side. However, it remains to be seen whether this will develop into a new wave of buying.