(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 2024-08-07 View latest technical analysis
10 day averaged volume of Greenlight Reinsurance is 78132
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 12.13 | 12.16 | 12.62 | 11.95 | 2.485 times |
| 06 Tue Aug 2024 | 12.43 | 12.36 | 12.45 | 12.18 | 0.988 times |
| 05 Mon Aug 2024 | 12.45 | 12.75 | 12.75 | 12.26 | 1.458 times |
| 02 Fri Aug 2024 | 12.91 | 13.00 | 13.05 | 12.78 | 0.832 times |
| 01 Thu Aug 2024 | 13.32 | 12.35 | 13.91 | 12.35 | 0.997 times |
| 31 Wed Jul 2024 | 13.80 | 13.71 | 13.96 | 13.60 | 1.382 times |
| 30 Tue Jul 2024 | 13.68 | 13.47 | 13.72 | 13.47 | 0.564 times |
| 29 Mon Jul 2024 | 13.40 | 13.57 | 13.61 | 13.40 | 0.519 times |
| 26 Fri Jul 2024 | 13.52 | 13.49 | 13.63 | 13.36 | 0.837 times |
| 25 Thu Jul 2024 | 13.34 | 13.50 | 13.60 | 13.28 | 1.283 times |
Stock of Greenlight Reinsurance (GLRE) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12.2, for a target of 12.7 or 13.14
Share price targets for Greenlight Reinsurance (GLRE)
| Target Type | Value |
| Downside Target | 11.93 |
| Upside Target | 12.75 |
| Upside Target | 12.83 |
| Upside Target | 13.33 |
| Upside Target | 13.46 |
| Upside Target | 13.61 |
| Upside Target | 13.63 |
| Upside Target | 13.91 |
| Upside Target | 13.96 |
Intraday share price targets for Greenlight Reinsurance (GLRE)
| Target Type | Value |
| Downside Intraday Target | 11.8 |
| Downside Intraday Target | 11.48 |
| Upside Intraday Target | 12.6 |
| Upside Intraday Target | 13.08 |
| Upside Intraday Target | 12.28 |
Weekly technical analysis of Greenlight Reinsurance (GLRE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 12.13 | 12.75 | 12.75 | 11.95 | 1.149 times |
| 02 Fri Aug 2024 | 12.91 | 13.57 | 13.96 | 12.35 | 0.903 times |
| 26 Fri Jul 2024 | 13.52 | 12.88 | 13.63 | 12.83 | 0.797 times |
| 19 Fri Jul 2024 | 12.83 | 13.10 | 13.63 | 12.82 | 1.108 times |
| 12 Fri Jul 2024 | 13.01 | 12.12 | 13.33 | 12.10 | 3.077 times |
Price has moved down 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 |
| 07 Wed Aug 2024 | 12.13 | 12.35 | 13.91 | 11.95 | 0.301 times |
| 31 Wed Jul 2024 | 13.80 | 13.15 | 13.96 | 12.03 | 1.129 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 |
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Greenlight Reinsurance stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Greenlight Reinsurance in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.94 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.
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Greenlight Reinsurance stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Greenlight Reinsurance in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.94 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.