GLOBAL INDEMNITY GROUP LLC-A (GBLI)
US37959R1032 - Common Stock
We assign a technical rating of 7 out of 10 to GBLI. GBLI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: GBLI has an average volume of 5796 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month GBLI has a been trading in the 28.80 - 33.10 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that GBLI is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GBLI is part of the Insurance industry. There are 141 other stocks in this industry, GBLI did better than 61% of them.
GBLI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GBLI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, GBLI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 32.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.18, a Stop Loss order could be placed below this zone.
More info and screens
27.20
33.01
5 important support areas can be observed.
- A support zone ranging from 31.62 to 32.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.20 to 30.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.62 from a trend line in the weekly time frame.
- A support zone ranging from 28.15 to 28.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.50 to 32.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.19
Mansfield-1.03
10 Day High32.51
10 Day Low31.36
20 Day High33.1
20 Day Low28.8
52 Week High37
52 Week Low25.21
Performance
1 Week-0.58%
2 Weeks-1.85%
1 Month11.41%
3 Month11.41%
6 Month-7.63%
12 Month15.13%
2 Year18.92%
3 Year1.03%
5 Year8.79%
10 Year22.2%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)59.49
LBB30.96
UBB33.55
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.69 | 31.61 | 1.08 (3.30%) | 25.00% |
| An entry @32.69. This is a Buy Stop order right above the resistance zone. | An exit @31.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.08 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of GBLI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLOBAL INDEMNITY GROUP LLC-A
NYSE:GBLI (5/3/2024, 7:04:01 PM)
32.31
+0.32 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1%
1 Week-0.58%
2 Weeks-1.85%
1 Month11.41%
3 Month11.41%
6 Month-7.63%
12 Month15.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.79
ATR(20)%2.49%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.51
10 Day Low31.36
20 Day High33.1
20 Day Low28.8
52 Week High37
52 Week Low25.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume100
Volume Incr-91.46%
Vol(5)520
Vol(50)5.80K