Bowhead Specialty's stock shows a recent bearish pullback after a strong rally, with the 9-day EMA crossing below the 21-day EMA—a potential short-term downtrend signal. 📉 The RSI dropped from overbought (92.8) to neutral (57.4), suggesting cooling momentum. Volume spiked during the decline, indicating selling pressure. No clear reversal patterns yet, but watch for support near $38. Earnings news could spark volatility. For now, it’s a hold unless it breaks lower with conviction. 🧐 #WaitAndSee

Bowhead Specialty Holdings Inc. provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments. The company distributes its products through distribution partners in wholesale and retail markets. Bowhead Specialty Holdings Inc. was formerly known as Bowhead Holdings Inc. and changed its name to Bowhead Specialty Holdings Inc. in March 2024. The company was founded in 2020 and is based in New York, New York. Bowhead Specialty Holdings Inc. operates as a subsidiary of Bowhead Insurance Holdings LP.

Bowhead Specialty Holdings Inc. BOW: 40.21 USD

Bearish views