GREENLIGHT CAPITAL RE LTD-A (GLRE) Stock Technical Analysis
NASDAQ:GLRE - Nasdaq - KYG4095J1094 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GLRE. GLRE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month GLRE has a been trading in the 12.14 - 14.35 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that GLRE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GLRE is an average performer in the Insurance industry, it outperforms 54% of 143 stocks in the same industry.
GLRE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
GLRE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.01, a Stop Loss order could be placed below this zone.
More info and screens
12.01
14.14
We found 2 important support areas.
- A support zone ranging from 12.92 to 13.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @12.13 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.25 to 13.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.96 to 14.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.63
Mansfield0.08
10 Day High13.71
10 Day Low12.56
20 Day High14.35
20 Day Low12.14
52 Week High15.82
52 Week Low11.93
Performance
1 Week-0.23%
2 Weeks-0.9%
1 Month-3.5%
3 Month-2.94%
6 Month-0.08%
12 Month9.71%
2 Year35.17%
3 Year92.15%
5 Year102.76%
10 Year-56.5%
15 Year-48.34%
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)0.03
RSI(14)48.01
LBB12.6
UBB13.68
13.22
-0.09 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.68%
1 Week-0.23%
2 Weeks-0.9%
1 Month-3.5%
3 Month-2.94%
6 Month-0.08%
12 Month9.71%
2 Year35.17%
3 Year92.15%
5 Year102.76%
10 Year-56.5%
15 Year-48.34%
Volatility
ATR(14)0.52
ATR(20)%4.16%
ATR Inc-37.6%
Range Today0.24
ADR(20)0.52
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.63
Mansfield0.08
10 Day High13.71
10 Day Low12.56
20 Day High14.35
20 Day Low12.14
52 Week High15.82
52 Week Low11.93
CS1 End13.01
CR1 Start13.25
Volume & EV
DER(3)-2.03%
DER(5)-0.23%
Volume85.00K
Volume Incr-43.11%
Vol(5)72.18K
Vol(50)103.63K