Brown & Brown Inc

BRO has decisively broken below the multi-week support cluster around $70, with falling EMAs and elevated volume confirming a Stage 3 distribution and bearish medium-term bias. Short-term conditions favor further downside as price remains extended below declining EMAs without clear exhaustion. Execution is actionable now, focusing on continuation participation around the broken support–turned-resistance zone near $70.

• ↑12% organic net sales growth in Brazil and Mexico drives emerging expansion
• ↑Jack Daniel’s Tennessee Blackberry launch boosts premium brand momentum
• ↓Overall net sales down 4% to $1.04 bn with flat organic growth in H1 FY26