GLOBE LIFE INC (GL)
US37959E1029 - Common Stock
We assign a technical rating of 5 out of 10 to GL. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GL is a bad performer.
When comparing the yearly performance of all stocks, GL is a bad performer in the overall market: 72% of all stocks are doing better.
GL is part of the Insurance industry. There are 140 other stocks in this industry, of which 84% are performing better than GL.
The long and short term trends are both positive. This is looking good!
GL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GL is lagging the market slightly.
In the last month GL has a been trading in the 102.02 - 113.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 108.75, a Stop Loss order could be placed below this zone.
More info and screens
100.33
124.60
We found 3 important support areas.
- A support zone ranging from 107.52 to 108.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.49 to 105.02. 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 can see 2 important resistance areas.
- A resistance zone ranging from 109.37 to 111.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @123.37 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.36
Mansfield-0.65
10 Day High113.16
10 Day Low107.84
20 Day High113.16
20 Day Low102.02
52 Week High132
52 Week Low38.95
Performance
1 Week-0.02%
2 Weeks0.36%
1 Month-0.37%
3 Month8.08%
6 Month33.34%
12 Month-10.17%
2 Year-9.14%
3 Year25.94%
5 Year6.06%
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
RSI(14)53.12
LBB104.58
UBB112.72
GLOBE LIFE INC
NYSE:GL (11/21/2024, 8:04:01 PM)
After market: 108.99 0 (0%)108.99
+0.23 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.21%
1 Week-0.02%
2 Weeks0.36%
1 Month-0.37%
3 Month8.08%
6 Month33.34%
12 Month-10.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.14
ATR(20)%2.75%
ATR Inc
Range Today1.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High113.16
10 Day Low107.84
20 Day High113.16
20 Day Low102.02
52 Week High132
52 Week Low38.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume553.50K
Volume Incr-29.11%
Vol(5)458.52K
Vol(50)677.60K