GREAT-WEST LIFECO INC (GWO.CA)

CA39138C1068 - Common Stock

45.67  +0.15 (+0.33%)

Technical Rating and Analysis

8

Overall GWO gets a technical rating of 8 out of 10. Although GWO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
GWO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GWO has a been trading in the 42.92 - 45.94 range, which is quite wide. It is currently trading near the high of this range.
GWO has an average volume of 3526870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, GWO turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
GWO is an average performer in the Insurance industry, it outperforms 45% of 85 stocks in the same industry.
Weekly and Daily overview Charts
GWO Weekly chart
GWO Daily chart
Setup Rating and Analysis

6

GWO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

37.84

46.37

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 42.46 to 43.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 40.84 to 41.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 38.84 to 39.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @38.22 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 45.91 to 45.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.42
Mansfield-0.3
10 Day High45.94
10 Day Low44.17
20 Day High45.94
20 Day Low42.92
52 Week High45.94
52 Week Low37.06
Performance
1 Week1.95%
2 Weeks3.08%
1 Month6.52%
3 Month16.65%
6 Month6.82%
12 Month13.03%
2 Year53.92%
3 Year19.1%
5 Year44.29%
10 Year42.5%
15 Year72.82%
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)0.02
RSI(14)72.71
LBB43.95
UBB45.8
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
45.9244.161.76 (3.83%)25.00%
An entry @45.92. This is a Buy Stop order right above the resistance zone.An exit @44.16. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.76 points, which is 3.83%.For a 0.96% total portfolio risk, you can invest 25.00% 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.
GWO Daily chart

GREAT-WEST LIFECO INC

TSX:GWO (9/18/2024, 7:00:00 PM)

45.67

+0.15 (+0.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.33%
1 Week1.95%
2 Weeks3.08%
1 Month6.52%
3 Month16.65%
6 Month6.82%
12 Month13.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%1.37%
ATR Inc
Range Today0.44
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 High45.94
10 Day Low44.17
20 Day High45.94
20 Day Low42.92
52 Week High45.94
52 Week Low37.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.39M
Volume Incr-29.75%
Vol(5)3.76M
Vol(50)3.53M