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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 2024-10-09 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 86630

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	13.58	13.55	13.70	13.40	0.702 times
08 Tue Oct 2024	13.54	13.47	13.67	13.43	0.564 times
07 Mon Oct 2024	13.39	13.87	13.87	13.26	1.71 times
04 Fri Oct 2024	13.90	13.68	13.95	13.68	0.859 times
03 Thu Oct 2024	13.45	13.44	13.52	13.29	1.121 times
02 Wed Oct 2024	13.49	13.52	13.69	13.45	0.701 times
01 Tue Oct 2024	13.57	13.65	13.65	13.45	1.016 times
30 Mon Sep 2024	13.65	13.62	13.69	13.54	0.68 times
27 Fri Sep 2024	13.70	13.92	14.07	13.64	0.784 times
26 Thu Sep 2024	13.84	14.03	14.15	13.78	0.952 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.6, but if it comes above 13.6, then a intra day buy could be more profitable.
If you take a sell trade below 13.6, then use 13.6 as stoploss and 13.3 as target. However if you take a buy trade in stock , then use 13.6 as stoploss and 13.8 as target.

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	11.95
Downside Target	12.35
Downside Target	13.26
Upside Target	13.95
Upside Target	13.96
Upside Target	14.08
Upside Target	14.26
Upside Target	14.27
Upside Target	14.31

Intraday share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Intraday Target	13.27
Downside Intraday Target	12.96
Upside Intraday Target	13.88
Upside Intraday Target	14.18
Downside Intraday Target	13.57

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	13.58	13.87	13.87	13.26	0.68 times
04 Fri Oct 2024	13.90	13.62	13.95	13.29	0.729 times
27 Fri Sep 2024	13.70	14.17	14.26	13.64	0.558 times
20 Fri Sep 2024	14.16	14.02	14.31	13.78	1.837 times
13 Fri Sep 2024	13.98	13.56	14.27	13.35	1.478 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
09 Wed Oct 2024	13.58	13.65	13.95	13.26	0.245 times
30 Mon Sep 2024	13.65	13.84	14.31	13.35	0.872 times
30 Fri Aug 2024	13.97	12.35	14.08	11.95	1.544 times
31 Wed Jul 2024	13.80	13.15	13.96	12.03	1.129 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 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 Weak and stock is gaining momentum.

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

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 green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 13.59 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.