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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 2024-06-21 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 43180

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	12.96	13.02	13.14	12.89	2.251 times
20 Thu Jun 2024	12.97	12.92	13.13	12.92	0.702 times
18 Tue Jun 2024	13.03	12.96	13.35	12.85	1.153 times
18 Tue Jun 2024	13.03	12.96	13.35	12.85	1.153 times
17 Mon Jun 2024	13.05	12.71	13.08	12.64	0.734 times
14 Fri Jun 2024	12.75	12.65	12.86	12.59	1.204 times
13 Thu Jun 2024	12.87	12.95	12.95	12.67	0.797 times
12 Wed Jun 2024	13.02	13.08	13.29	12.96	1.264 times
11 Tue Jun 2024	12.89	12.77	12.90	12.65	0.933 times
10 Mon Jun 2024	12.89	12.50	12.91	12.35	1.13 times

Stock of Greenlight Reinsurance (GLRE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 12.8 or till 12.7. Use a stoploss of 13 and if the stock hits stoploss, then it can shoot up till 13.16

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	11.08
Downside Target	11.72
Downside Target	12.89
Upside Target	13.04
Upside Target	13.29
Upside Target	13.35
Upside Target	13.46
Upside Target	13.58
Upside Target	13.61

Intraday share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Intraday Target	12.76
Downside Intraday Target	12.55
Upside Intraday Target	13.26
Upside Intraday Target	13.55
Upside Intraday Target	13.05

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	12.96	12.96	13.35	12.85	2.175 times
18 Tue Jun 2024	13.03	12.71	13.35	12.64	0.354 times
14 Fri Jun 2024	12.75	12.50	13.29	12.35	1.346 times
07 Fri Jun 2024	12.58	13.42	13.46	12.54	1.015 times
31 Fri May 2024	13.29	13.52	13.58	13.04	0.485 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Greenlight Reinsurance (GLRE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	12.96	13.42	13.46	12.35	0.484 times
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

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a short to mid 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 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 BUY. 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.95 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.