AXIS Capital Holdings Ltd

AXS remains in a medium-term downtrend trading below key EMAs despite oversold readings. Execution should be deferred until rallies into the EMA region (~100–103) for potential rejection. Long-term trend remains intact above the 200-day SMA, anchoring broader bullish polarity. Short-term conditions are neutral, warranting patience around current support.

• ↑Q2 net income $251M ($3.38/sh) on $2.7B premiums; ROE 17%.
• ↑Combined ratio at 93.1% reflects disciplined underwriting and loss control.
• ↓Q2 reinsurance premiums fell 25%, highlighting revenue headwinds.