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(GLRE) Greenlight Reinsurance complete technical analysis [charts+indicators] | Buy/Sell Greenlight Reinsurance | (GLRE) share price targets

Complete technical analysis of Greenlight Reinsurance (GLRE) by charts plus indicators, forecast predictions and share price targets for Greenlight Reinsurance (GLRE)

Greenlight Reinsurance trades in USA in Finance sector.

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 71702

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	13.29	13.21	13.30	13.12	0.519 times
30 Thu May 2024	13.16	13.10	13.31	13.08	0.563 times
29 Wed May 2024	13.04	13.10	13.25	13.04	0.681 times
28 Tue May 2024	13.24	13.52	13.58	13.23	0.586 times
23 Thu May 2024	13.17	13.33	13.44	13.14	0.828 times
22 Wed May 2024	13.34	13.42	13.49	13.28	0.961 times
21 Tue May 2024	13.47	13.31	13.61	13.31	1.721 times
20 Mon May 2024	13.20	13.27	13.43	13.20	1.327 times
17 Fri May 2024	13.26	13.14	13.30	13.08	1.379 times
16 Thu May 2024	13.11	13.07	13.14	12.80	0.643 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.3 as stoploss in an intra day sell trade for a target of 13.02. However, stock will show a bullish move above 13.3.

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	10.95
Downside Target	11.63
Downside Target	12.44
Downside Target	12.69
Downside Target	12.89
Downside Target	13.04
Downside Target	13.12
Downside Target	13.14
Upside Target	13.30
Upside Target	13.58
Upside Target	13.61

Intraday share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Intraday Target	13.03
Downside Intraday Target	12.76
Upside Intraday Target	13.57
Upside Intraday Target	13.84
Upside Intraday Target	13.3

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	13.29	13.52	13.58	13.04	0.485 times
23 Thu May 2024	13.17	13.27	13.61	13.14	1.092 times
17 Fri May 2024	13.26	13.07	13.30	12.80	0.824 times
10 Fri May 2024	13.10	12.55	13.12	12.44	1.66 times
03 Fri May 2024	12.47	12.02	12.69	11.93	1.032 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Greenlight Reinsurance (GLRE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	13.29	12.23	13.61	12.15	1.118 times
30 Tue Apr 2024	12.12	12.43	12.76	11.93	0.688 times
28 Thu Mar 2024	12.47	12.65	12.89	11.72	1.04 times
29 Thu Feb 2024	12.63	11.41	12.70	11.08	1.035 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Greenlight Reinsurance (GLRE)

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Greenlight Reinsurance stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Greenlight Reinsurance in short term but the sell signal is initial and weak.

Greenlight Reinsurance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Greenlight Reinsurance in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Greenlight Reinsurance is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.26 and Greenlight Reinsurance (GLRE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Greenlight Reinsurance (GLRE) stock. Volume based technical analysis of Greenlight Reinsurance (GLRE) stock is negative.

Greenlight Reinsurance Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.