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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 2024-07-08 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 119460

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	12.39	12.12	12.70	12.10	0.698 times
05 Fri Jul 2024	12.11	12.21	12.22	12.03	0.761 times
03 Wed Jul 2024	12.36	12.50	12.59	12.33	0.383 times
03 Wed Jul 2024	12.36	12.50	12.59	12.33	0.383 times
02 Tue Jul 2024	12.64	12.65	12.72	12.60	0.252 times
01 Mon Jul 2024	12.78	13.15	13.15	12.73	0.75 times
28 Fri Jun 2024	13.10	13.03	13.12	12.71	4.876 times
27 Thu Jun 2024	13.01	12.94	13.02	12.84	0.849 times
26 Wed Jun 2024	12.89	12.74	12.91	12.63	1.022 times
25 Tue Jun 2024	12.76	12.83	13.03	12.72	0.375 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.5, but if it comes above 12.5, then a intra day buy could be more profitable.
If you take a sell trade below 12.5, then use 12.5 as stoploss and 12.2 as target. However if you take a buy trade in stock , then use 12.5 as stoploss and 12.79 as target.

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	11.72
Upside Target	12.76
Upside Target	12.85
Upside Target	12.89
Upside Target	13.15
Upside Target	13.16
Upside Target	13.35
Upside Target	13.46
Upside Target	13.61

Intraday share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Intraday Target	12.09
Downside Intraday Target	11.8
Upside Intraday Target	12.69
Upside Intraday Target	13
Upside Intraday Target	12.4

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	12.39	12.12	12.70	12.10	0.61 times
05 Fri Jul 2024	12.11	12.50	12.59	12.03	0.826 times
03 Wed Jul 2024	12.36	13.15	13.15	12.33	0.185 times
28 Fri Jun 2024	13.10	12.94	13.16	12.63	5.033 times
21 Fri Jun 2024	12.96	12.96	13.35	12.85	2.175 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
08 Mon Jul 2024	12.39	13.15	13.15	12.03	0.248 times
28 Fri Jun 2024	13.10	13.42	13.46	12.35	1.139 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

Greenlight Reinsurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 12.85 and Greenlight Reinsurance (GLRE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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