REINSURANCE GROUP OF AMERICA (RGA) Stock Technical Analysis
NYSE:RGA - US7593516047 - Common Stock
194.79 USD
+1.35 (+0.7%)
194.79 USD
0 (0%)
Taking everything into account, RGA scores 3 out of 10 in our technical rating. In the past year, RGA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
83% of all other stocks performed better in the past year than RGA.
RGA is one of the lesser performing stocks in the Insurance industry. 69% of 146 stocks in the same industry do better.
In the last month RGA has a been trading in the 175.28 - 195.94 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RGA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RGA is lagging the market.
RGA has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
170.67
211.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 192.03 to 193.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 179.16 to 180.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @172.39 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @201.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 209.13 to 209.72. 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 | DOWN | NEGATIVE | The long term trend for RGA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGA is up. |
| ChartMill Relative Strength | 17.82 | NEGATIVE | RGA has a low relative strength, it was outperformed by 82.18% 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) | DOWN | MIXED | The current price of RGA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.04 | NEUTRAL | The RSI value for RGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests RGA has a positive trend. |
| Stochastics (14,3) | 83.18 | OVERBOUGHT | The high Stochastics value suggests RGA may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for RGA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for RGA suggests a weak or negative 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)
194.79
+1.35 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.7%
1 Week0.63%
2 Weeks3.51%
1 Month9.85%
3 Month-4.18%
6 Month-3.9%
12 Month-11.76%
2 Year40.52%
3 Year55.38%
5 Year112.47%
10 Year114.34%
15 Year345.34%
Volatility
ATR(14)2.97
ATR(20)%1.86%
ATR Inc-24.49%
Range Today2.02
ADR(20)3.48
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.82
Mansfield-1.32
10 Day High195.94
10 Day Low186.17
20 Day High195.94
20 Day Low175.28
52 Week High233.81
52 Week Low159.25
CS1 End193
CR1 Start201.26
Volume & EV
DER(3)-0.89%
DER(5)-1.47%
Volume303.30K
Volume Incr-46.45%
Vol(5)293.10K
Vol(50)410.66K