GLOBE LIFE INC (GL) Stock Technical Analysis
NYSE:GL - New York Stock Exchange, Inc. - US37959E1029 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GL. Although GL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
GL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GL has a been trading in the 117.12 - 125.43 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, GL turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
GL is part of the Insurance industry. There are 143 other stocks in this industry, GL did better than 66% of them.
GL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
100.33
123.82
4 important support areas can be observed.
- Support @119.97 from a horizontal line in the daily time frame.
- A support zone ranging from 113.70 to 116.29. 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 104.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.05
Mansfield1.33
10 Day High125.43
10 Day Low119.6
20 Day High125.43
20 Day Low117.12
52 Week High129.18
52 Week Low38.95
Performance
1 Week-0.77%
2 Weeks2.18%
1 Month3.57%
3 Month10.96%
6 Month21.57%
12 Month-3.4%
2 Year0.74%
3 Year21.42%
5 Year32.3%
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)-0.29
RSI(14)57.19
LBB120.32
UBB124.92
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 125.44 | 119.96 | 5.48 (4.37%) | 22.90% |
| An entry @125.44. This is a Buy Stop order right above the 10 day high. | An exit @119.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.48 points, which is 4.37%. | For a 1.00% total portfolio risk, you can invest 22.90% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
122.59
-1.68 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.35%
1 Week-0.77%
2 Weeks2.18%
1 Month3.57%
3 Month10.96%
6 Month21.57%
12 Month-3.4%
2 Year0.74%
3 Year21.42%
5 Year32.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%2.14%
ATR Inc-2.84%
Range Today2.89
ADR(20)2.61
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.05
Mansfield1.33
10 Day High125.43
10 Day Low119.6
20 Day High125.43
20 Day Low117.12
52 Week High129.18
52 Week Low38.95
CS1 End119.97
CR1 StartN/A
Volume & EV
DER(3)-2.23%
DER(5)-3.79%
Volume626.70K
Volume Incr6.86%
Vol(5)602.26K
Vol(50)668.67K