RLI CORP (RLI) Stock Technical Analysis
NYSE:RLI - New York Stock Exchange, Inc. - US7496071074 - Common Stock - Currency: USD
Taking everything into account, RLI scores 2 out of 10 in our technical rating. RLI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
RLI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month RLI has a been trading in the 71.61 - 81.79 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, RLI turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
RLI is part of the Insurance industry. There are 143 other stocks in this industry, RLI did better than 51% of them.
The technical rating of RLI is bad and it also does not present a quality setup 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
62.63
81.63
We found 3 important support areas.
- Support @72.53 from a horizontal line in the daily time frame.
- A support zone ranging from 69.37 to 69.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 63.26 to 63.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 76.37 to 80.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.12
Mansfield-0.24
10 Day High79.55
10 Day Low71.61
20 Day High81.79
20 Day Low71.61
52 Week High91.15
52 Week Low68.5
Performance
1 Week-6.11%
2 Weeks-4.43%
1 Month-7.96%
3 Month0.68%
6 Month-6.03%
12 Month1.24%
2 Year4.96%
3 Year27.15%
5 Year100.38%
10 Year193.88%
15 Year403.24%
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)-0.34
RSI(14)38.74
LBB72.13
UBB79.95
72.97
-2.25 (-2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.99%
1 Week-6.11%
2 Weeks-4.43%
1 Month-7.96%
3 Month0.68%
6 Month-6.03%
12 Month1.24%
2 Year4.96%
3 Year27.15%
5 Year100.38%
10 Year193.88%
15 Year403.24%
Volatility
ATR(14)2.88
ATR(20)%3.61%
ATR Inc30.78%
Range Today3.22
ADR(20)2.49
ADR(20)%3.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.12
Mansfield-0.24
10 Day High79.55
10 Day Low71.61
20 Day High81.79
20 Day Low71.61
52 Week High91.15
52 Week Low68.5
CS1 End72.53
CR1 Start76.37
Volume & EV
DER(3)-1.77%
DER(5)0.23%
Volume564.20K
Volume Incr-10.17%
Vol(5)465.68K
Vol(50)460.98K