REINSURANCE GROUP OF AMERICA (RGA)

US7593516047 - Common Stock

216.77  -0.76 (-0.35%)

After market: 216.77 0 (0%)

Technical Rating and Analysis

8

Overall RGA gets a technical rating of 8 out of 10. Both in the recent history as in the last year, RGA has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RGA did better than 78% of all other stocks. On top of that, RGA also shows a nice and consistent pattern of rising prices.
RGA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RGA is lagging the market slightly.
RGA is an average performer in the Insurance industry, it outperforms 70% of 141 stocks in the same industry.
In the last month RGA has a been trading in a tight range between 210.01 and 222.44.
Weekly and Daily overview Charts
RGA Weekly chart
RGA Daily chart
Setup Rating and Analysis

8

RGA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 215.87, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

178.86

228.06

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 213.06 to 215.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @209.54 from a horizontal line in the daily time frame.
  • A support zone ranging from 202.01 to 203.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @180.67 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 217.15 to 221.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 225.79 to 225.80. This zone is formed by a combination of multiple trend lines 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
CRS78.58
Mansfield0.14
10 Day High222.44
10 Day Low210.01
20 Day High222.44
20 Day Low210.01
52 Week High227.87
52 Week Low144.74
Performance
1 Week1.47%
2 Weeks-0.12%
1 Month-0.09%
3 Month1.58%
6 Month16.22%
12 Month46.27%
2 Year47.29%
3 Year83.58%
5 Year33.42%
10 Year157.29%
15 Year370.22%
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)-0.21
RSI(14)51.63
LBB212.03
UBB220.52
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
221.60213.058.55 (3.86%)25.00%
An entry @221.60. This is a Buy Stop order right above the resistance zone.An exit @213.05. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 8.55 points, which is 3.86%.For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
RGA Daily chart

REINSURANCE GROUP OF AMERICA

NYSE:RGA (10/15/2024, 8:04:00 PM)

After market: 216.77 0 (0%)

216.77

-0.76 (-0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.35%
1 Week1.47%
2 Weeks-0.12%
1 Month-0.09%
3 Month1.58%
6 Month16.22%
12 Month46.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.95
ATR(20)%2.01%
ATR Inc
Range Today3.57
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 High222.44
10 Day Low210.01
20 Day High222.44
20 Day Low210.01
52 Week High227.87
52 Week Low144.74
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume290.70K
Volume Incr-10.17%
Vol(5)286.68K
Vol(50)302.04K