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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than RELI.
- RELI is part of the Insurance industry. There are 149 other stocks in this industry, of which 86% 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 0.39 - 0.65 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 1231150 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.
The technical rating of RELI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.41
2 important resistance areas can be observed.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.69 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RELI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RELI is down. |
| ChartMill Relative Strength | 2.21 | NEGATIVE | RELI has a low relative strength, it was outperformed by 97.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RELI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RELI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RELI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.19 | NEUTRAL | The RSI value for RELI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RELI has a negative trend. |
| Stochastics (14,3) | 19.06 | OVERSOLD | The low Stochastics value suggests RELI may be oversold. |
| Average True Range in percent/ATR (20) | 12.51 | HIGH VOLATILITY | The high ATR as a percentage value for RELI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.2 | NEGATIVE | The low ADX value for RELI suggests a weak or negative trend. |
0.4148
-0.13 (-23.76%)
RELIANCE GLOBAL GROUP INC / RELI FAQ
What is the technical rating for RELI stock?
ChartMill assigns a technical rating of 0 / 10 to RELI.
What is the trend direction for RELI stock?
The current trend direction for RELIANCE GLOBAL GROUP INC (RELI) is Bearish.
Can you provide the RSI signal for RELIANCE GLOBAL GROUP INC?
RELIANCE GLOBAL GROUP INC (RELI) has an RSI value of 33.1858. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RELIANCE GLOBAL GROUP INC?
The MACD indicator for RELIANCE GLOBAL GROUP INC (RELI) has a value of -0.0020939, indicating a bearish trend.
What is the support and resistance level for RELI stock?
RELIANCE GLOBAL GROUP INC (RELI) has a resistance level at 0.53. Check the full technical report for our detailed analysis of RELI support and resistance levels.