EVEREST RE GROUP LTD (RE)

BMG3223R1088 - Common Stock

351.28  +10 (+2.93%)

After market: 351.28 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, RE scores 3 out of 10 in our technical rating. RE 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 RE has a been trading in the 331.08 - 355.65 range, which is quite wide. It is currently trading near the high of this range.
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 RE 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 7 months ago.
RE is an average performer in the Insurance industry, it outperforms 66% of 141 stocks in the same industry.
RE 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 RE is lagging the market slightly.
Weekly and Daily overview Charts
RE Weekly chart
RE Daily chart
Setup Rating and Analysis

4

RE has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

249.51

394.76

2 important support areas can be observed.

  • A support zone ranging from 331.27 to 343.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @252.03 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 386.75 to 390.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.2
Mansfield-0.17
10 Day High355.26
10 Day Low331.08
20 Day High355.66
20 Day Low331.08
52 Week High395
52 Week Low244.58
Performance
1 Week3.42%
2 Weeks-0.61%
1 Month0.67%
3 Month-2.99%
6 Month-0.03%
12 Month25.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)1.2
RSI(14)53.64
LBB331.57
UBB357.34
RE Daily chart

EVEREST RE GROUP LTD

NYSE:RE (7/7/2023, 7:04:00 PM)

After market: 351.28 0 (0%)

351.28

+10 (+2.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.93%
1 Week3.42%
2 Weeks-0.61%
1 Month0.67%
3 Month-2.99%
6 Month-0.03%
12 Month25.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.49
ATR(20)%2.11%
ATR Inc
Range Today11.08
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 High355.26
10 Day Low331.08
20 Day High355.66
20 Day Low331.08
52 Week High395
52 Week Low244.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume406.90K
Volume Incr-9.68%
Vol(5)348.18K
Vol(50)441.82K