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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 2024-01-17 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 82470

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	11.00	10.96	11.08	10.95	0.694 times
16 Tue Jan 2024	11.05	11.11	11.11	10.99	0.741 times
12 Fri Jan 2024	11.12	11.22	11.23	11.06	0.601 times
12 Fri Jan 2024	11.12	11.22	11.23	11.06	0.601 times
11 Thu Jan 2024	11.16	11.13	11.21	11.01	1.307 times
10 Wed Jan 2024	11.16	11.09	11.16	11.06	0.605 times
09 Tue Jan 2024	11.14	11.13	11.16	11.03	0.98 times
08 Mon Jan 2024	11.24	11.12	11.26	11.10	1.483 times
05 Fri Jan 2024	11.20	11.15	11.29	11.15	1.257 times
04 Thu Jan 2024	11.20	11.12	11.27	11.09	0.965 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.1, but if it comes above 11.1, then a intra day buy could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 10.9 as target. However if you take a buy trade in stock , then use 11.1 as stoploss and 11.24 as target.

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	10.45
Upside Target	11.26
Upside Target	11.34
Upside Target	11.36
Upside Target	11.48
Upside Target	11.57
Upside Target	11.58
Upside Target	11.72

Intraday share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Intraday Target	10.93
Downside Intraday Target	10.86
Upside Intraday Target	11.09
Upside Intraday Target	11.18
Upside Intraday Target	11.02

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	11.00	11.11	11.11	10.95	2.385 times
12 Fri Jan 2024	11.12	11.22	11.23	11.06	0.121 times
12 Fri Jan 2024	11.12	11.12	11.26	11.01	1.052 times
05 Fri Jan 2024	11.20	11.31	11.36	10.99	6.106 times
29 Fri Dec 2023	11.42	11.43	11.48	11.34	0.24 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
17 Wed Jan 2024	11.00	11.31	11.36	10.95	0.532 times
29 Fri Dec 2023	11.42	11.01	11.57	10.80	0.89 times
30 Thu Nov 2023	11.08	11.17	11.58	10.49	1.262 times
31 Tue Oct 2023	11.15	10.77	11.36	10.64	1.201 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 getting stronger in this stock.

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 and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL 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 11.15 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.