Stewart Information Services's 15min chart shows Bollinger Bands expanding upward, bullish Marubozu pattern.

Stewart Information Services' 15-minute chart has recently displayed a notable trend, with Bollinger Bands expanding upward and a bullish Marubozu formation observed on August 20th at 10:00. This suggests that the market is being driven by a strong buying force, with buyers firmly in control of the market's direction. Furthermore, the continuation of bullish momentum is likely to persist as a result of this trend.

Stewart Information Services' 15-minute chart has recently displayed a notable trend, with Bollinger Bands expanding upward and a bullish Marubozu formation observed on August 20th at 10:00. This suggests that the market is being driven by a strong buying force, with buyers firmly in control of the market's direction. Furthermore, the continuation of bullish momentum is likely to persist as a result of this trend.

The Bollinger Bands' upward expansion indicates increased volatility and potential upward movement in the stock price. A Marubozu formation, characterized by a single candle with no shadows, signifies strong buying pressure and is often associated with a bullish trend [1]. The combination of these indicators suggests a positive outlook for Stewart Information Services' stock.

Stewart Information Services' recent financial performance has also been robust. The company reported strong second-quarter (Q2) 2025 results, with adjusted revenue of $151.6 million, up 11.3% from last year, and adjusted earnings per share of $0.26, beating the projected $0.25 [1]. The company's board declared a semi-annual cash dividend of 29.6 cents per share, totaling approximately $14.5 million [1].

In response to the strong performance, Stewart Information Services has revised its full-year 2025 revenue guidance to $600 million to $610 million, up from the previous range of $593 million to $603 million. This represents an 8.6% to 10.4% year-over-year (YoY) growth [2]. The company's U.S. operations showed approximately 9% year-over-year revenue growth in the first half, driven by agreements executed in late 2024 and early 2025 [2].

Stewart Information Services' stock was up 7.07% to $20.13 on the Nasdaq following the announcement. The company's strong performance is driven by robust demand for its digital, AI, and cloud transformation solutions, as well as continued growth in the defense sector [2]. The company has also made progress in its negotiations for a potential merger with Matrix I.T., which is expected to be presented for shareholder approval in Q4 2025 [3].

References:
[1] https://www.ainvest.com/news/magic-software-raises-fy23-revenue-outlook-announces-semi-annual-dividend-2508/
[2] https://finimize.com/content/magic-software-outpaces-expectations-but-gets-a-reality-check
[3] https://www.stocktitan.net/news/MGIC/magic-software-reports-second-quarter-and-first-half-2025-financial-e41b4cwasr13.html