REINSURANCE GROUP OF AMERICA (RGA) Stock Technical Analysis
NYSE:RGA - New York Stock Exchange, Inc. - US7593516047 - Common Stock - Currency: USD
Taking everything into account, RGA scores 5 out of 10 in our technical rating. RGA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, RGA turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
RGA is an average performer in the Insurance industry, it outperforms 48% of 143 stocks in the same industry.
RGA 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 RGA is lagging the market slightly.
In the last month RGA has a been trading in the 181.53 - 211.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RGA has an average technical rating and it also does not offer a high 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
170.67
234.27
3 important support areas can be observed.
- A support zone ranging from 197.57 to 199.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @175.27 from a trend line in the weekly time frame.
- Support @172.39 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 205.72 to 209.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 231.95 to 231.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for RGA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RGA is neutral. |
| ChartMill Relative Strength | 56.4 | NEUTRAL | RGA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RGA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RGA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RGA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.76 | NEUTRAL | The RSI value for RGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests RGA has a negative trend. |
| Stochastics (14,3) | 47.69 | NEUTRAL | The Stochastics value for RGA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for RGA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.95 | NEUTRAL | The ADX value for RGA suggests a possible start of a new trend. |
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)
199.61
-3.28 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.62%
1 Week-4.55%
2 Weeks-2.56%
1 Month6.18%
3 Month5.4%
6 Month-13.48%
12 Month-4.6%
2 Year42.58%
3 Year58.61%
5 Year119.96%
10 Year113.37%
15 Year324.97%
Volatility
ATR(14)4.57
ATR(20)%2.76%
ATR Inc-24.55%
Range Today3.72
ADR(20)4.47
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.4
Mansfield-0.6
10 Day High211.96
10 Day Low196.74
20 Day High211.96
20 Day Low181.53
52 Week High233.81
52 Week Low159.25
CS1 End199.6
CR1 Start205.72
Volume & EV
DER(3)-0.84%
DER(5)0%
Volume373.70K
Volume Incr-11.26%
Vol(5)374.94K
Vol(50)439.42K