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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 2024-02-27 View latest technical analysis

10 day averaged volume of Greenlight Reinsurance is 92790

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	12.50	12.18	12.58	12.13	1.931 times
26 Mon Feb 2024	12.12	11.94	12.14	11.73	1.323 times
23 Fri Feb 2024	11.96	11.83	12.02	11.83	0.685 times
22 Thu Feb 2024	11.82	11.75	11.86	11.67	0.545 times
21 Wed Feb 2024	11.79	11.89	11.89	11.67	0.447 times
20 Tue Feb 2024	11.92	11.82	12.38	11.82	2.042 times
16 Fri Feb 2024	11.85	11.94	12.03	11.71	0.511 times
15 Thu Feb 2024	11.99	11.59	11.99	11.35	1.064 times
14 Wed Feb 2024	11.51	11.46	11.54	11.34	0.514 times
13 Tue Feb 2024	11.40	11.86	11.93	11.30	1.248 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.4, for a target of 12 or 11.65

Share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Target	10.49
Downside Target	11.58
Downside Target	11.63
Downside Target	11.67
Downside Target	11.73
Downside Target	12.34
Downside Target	12.38
Upside Target	12.58

Intraday share price targets for Greenlight Reinsurance (GLRE)

Target Type	Value
Downside Intraday Target	11.96
Downside Intraday Target	11.42
Upside Intraday Target	12.81
Upside Intraday Target	13.12
Downside Intraday Target	12.27

Weekly technical analysis of Greenlight Reinsurance (GLRE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	12.50	11.94	12.58	11.73	0.875 times
23 Fri Feb 2024	11.96	11.82	12.38	11.67	0.751 times
16 Fri Feb 2024	11.85	11.50	12.34	11.30	1.48 times
09 Fri Feb 2024	11.57	11.19	11.58	11.08	1.16 times
02 Fri Feb 2024	11.21	11.46	11.63	11.11	0.669 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
27 Tue Feb 2024	12.50	11.41	12.58	11.08	0.937 times
31 Wed Jan 2024	11.41	11.31	11.63	10.95	0.904 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Greenlight Reinsurance in short term and BUY signal is strong.

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

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 11.97 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.