GLOBE LIFE INC (GL)
US37959E1029 - Common Stock
Taking everything into account, GL scores 5 out of 10 in our technical rating. Although GL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, GL is a bad performer in the overall market: 65% of all stocks are doing better.
GL is part of the Insurance industry. There are 141 other stocks in this industry, of which 75% are performing better than GL.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
GL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GL is performing more or less in line with the market.
In the last month GL has a been trading in the 100.27 - 112.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, GL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 110.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 108.05, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
100.33
112.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 103.49 to 108.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @101.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 110.06 to 111.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.79
Mansfield-0.26
10 Day High110.24
10 Day Low100.62
20 Day High112.41
20 Day Low100.27
52 Week High132
52 Week Low38.95
Performance
1 Week3.77%
2 Weeks4.42%
1 Month0.37%
3 Month2.95%
6 Month31.7%
12 Month-10.03%
2 Year-9.26%
3 Year16.72%
5 Year3.93%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)57.07
LBB102.47
UBB109.26
GLOBE LIFE INC
NYSE:GL (12/20/2024, 8:14:51 PM)
After market: 109.39 0 (0%)109.39
+3.48 (+3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg3.29%
1 Week3.77%
2 Weeks4.42%
1 Month0.37%
3 Month2.95%
6 Month31.7%
12 Month-10.03%
2 Year-9.26%
3 Year16.72%
5 Year3.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.44
ATR(20)%2.8%
ATR Inc14.1%
Range Today4.78
ADR(20)3.05
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.79
Mansfield-0.26
10 Day High110.24
10 Day Low100.62
20 Day High112.41
20 Day Low100.27
52 Week High132
52 Week Low38.95
CS1 End108.05
CR1 Start110.06
Volume & EV
DER(3)0.98%
DER(5)1.54%
Volume2.63M
Volume Incr106.6%
Vol(5)1.36M
Vol(50)710.96K