USA • New York Stock Exchange • NYSE:RGA • US7593516047
Taking everything into account, RGA scores 7 out of 10 in our technical rating. RGA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although RGA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
170.68
5 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for RGA is up. |
| ChartMill Relative Strength | 70.61 | POSITIVE | RGA has a high relative strength, it outperformed 70.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGA is above 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 | POSITIVE | The current price of RGA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.84 | OVERBOUGHT | The high RSI value suggests RGA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.19 | POSITIVE | The MACD value suggests RGA has a positive trend. |
| Stochastics (14,3) | 86.6 | OVERBOUGHT | The high Stochastics value suggests RGA may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for RGA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.29 | NEUTRAL | The ADX value for RGA suggests a possible start of a new trend. |
225.36
+19.37 (+9.4%)
ChartMill assigns a technical rating of 7 / 10 to RGA.
The current trend direction for REINSURANCE GROUP OF AMERICA (RGA) is Bearish.
REINSURANCE GROUP OF AMERICA (RGA) has an RSI value of 79.8388. This indicates that the stock is currently overbought.
REINSURANCE GROUP OF AMERICA (RGA) has a support level at 203.82. Check the full technical report for our detailed analysis of RGA support and resistance levels.