RELIANCE GLOBAL GROUP INC (RELI)

US75946W3060 - Common Stock

0.251  0 (-0.36%)

After market: 0.2508 0 (-0.08%)

Technical Rating and Analysis

0

Overall RELI gets a technical rating of 0 out of 10. RELI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than RELI.
RELI is part of the Insurance industry. There are 141 other stocks in this industry, of which 93% are performing better than RELI.
RELI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month RELI has a been trading in the 0.25 - 0.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RELI has an average volume of 1322680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RELI Weekly chart
RELI Daily chart
Setup Rating and Analysis

5

RELI 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

0.25

0.58

We can see 4 important resistance areas.

  • Resistance @0.28 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.34 from a trend line in the daily time frame.
  • Resistance @0.57 from a horizontal line in the daily time frame.
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
CRS1.1
Mansfield-8.83
10 Day High0.32
10 Day Low0.25
20 Day High0.44
20 Day Low0.25
52 Week High5.2
52 Week Low0.25
Performance
1 Week-9.71%
2 Weeks-10.33%
1 Month-40.73%
3 Month-48.77%
6 Month-78.55%
12 Month-93.66%
2 Year-99.34%
3 Year-99.57%
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)0
RSI(14)36.2
LBB0.24
UBB0.31
RELI Daily chart

RELIANCE GLOBAL GROUP INC

NASDAQ:RELI (5/6/2024, 7:24:20 PM)

After market: 0.2508 0 (-0.08%)

0.251

0 (-0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.36%
1 Week-9.71%
2 Weeks-10.33%
1 Month-40.73%
3 Month-48.77%
6 Month-78.55%
12 Month-93.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%14.51%
ATR Inc
Range Today0.02
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 High0.32
10 Day Low0.25
20 Day High0.44
20 Day Low0.25
52 Week High5.2
52 Week Low0.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume343.80K
Volume Incr-93.89%
Vol(5)176.91K
Vol(50)1.32M