RELIANCE GLOBAL GROUP INC (RELI) Stock Technical Analysis
NASDAQ:RELI - Nasdaq - US75946W4050 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to RELI. RELI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than RELI.
RELI is part of the Insurance industry. There are 144 other stocks in this industry, of which 92% are performing better than RELI.
RELI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RELI has a been trading in the 1.73 - 2.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RELI has an average volume of 2335860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RELI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for RELI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.86
2.81
When analyzing the support we notice one important area.
- A support zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.90 to 1.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.78 from a trend 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
CRS6.4
Mansfield-5.5
10 Day High2.34
10 Day Low1.8
20 Day High2.78
20 Day Low1.73
52 Week High18.53
52 Week Low1.18
Performance
1 Week-11.68%
2 Weeks-12.5%
1 Month-30%
3 Month-2.07%
6 Month-32.38%
12 Month-77.31%
2 Year-97.96%
3 Year-99.89%
5 YearN/A
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)-0.05
RSI(14)43.79
LBB1.85
UBB2.29
RELIANCE GLOBAL GROUP INC
NASDAQ:RELI (2/5/2025, 8:23:55 PM)
Premarket: 1.82 -0.07 (-3.7%)1.89
-0.02 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.05%
1 Week-11.68%
2 Weeks-12.5%
1 Month-30%
3 Month-2.07%
6 Month-32.38%
12 Month-77.31%
2 Year-97.96%
3 Year-99.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%13.55%
ATR Inc-57.94%
Range Today0.1
ADR(20)0.25
ADR(20)%13.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.4
Mansfield-5.5
10 Day High2.34
10 Day Low1.8
20 Day High2.78
20 Day Low1.73
52 Week High18.53
52 Week Low1.18
CS1 End1.88
CR1 Start1.9
Volume & EV
DER(3)5.16%
DER(5)5.79%
Volume36.70K
Volume Incr-58.84%
Vol(5)87.82K
Vol(50)2.34M