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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 2024-01-29 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 70390

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	11.44	11.46	11.46	11.38	0.54 times
26 Fri Jan 2024	11.44	11.51	11.51	11.35	0.803 times
25 Thu Jan 2024	11.49	11.52	11.53	11.32	1.06 times
24 Wed Jan 2024	11.44	11.50	11.53	11.41	1.246 times
23 Tue Jan 2024	11.39	11.50	11.50	11.36	0.955 times
22 Mon Jan 2024	11.50	11.25	11.50	11.25	1.621 times
19 Fri Jan 2024	11.17	11.25	11.25	11.01	0.821 times
18 Thu Jan 2024	11.20	10.98	11.21	10.96	1.11 times
17 Wed Jan 2024	11.00	10.96	11.08	10.95	0.813 times
16 Tue Jan 2024	11.05	11.11	11.11	10.99	0.868 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.4, but if it comes below 11.4, then a intra day sell could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 11.24 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 11.6 as target.

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	10.45
Downside Target	11.26
Downside Target	11.36
Downside Target	11.38
Upside Target	11.46
Upside Target	11.53
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	11.39
Downside Intraday Target	11.35
Upside Intraday Target	11.47
Upside Intraday Target	11.51
Downside Intraday Target	11.43

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	11.44	11.46	11.46	11.38	0.095 times
26 Fri Jan 2024	11.44	11.25	11.53	11.25	1.574 times
19 Fri Jan 2024	11.17	11.11	11.25	10.95	5.125 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

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
29 Mon Jan 2024	11.44	11.31	11.53	10.95	0.847 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 up 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a short 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.

Price action analysis of Greenlight Reinsurance ( (GLRE) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Greenlight Reinsurance in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Greenlight Reinsurance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 but buying is losing 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 11.33 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.