REINSURANCE GROUP OF AMERICA (RGA) Stock Technical Analysis
NYSE:RGA - New York Stock Exchange, Inc. - US7593516047 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to RGA. RGA'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
61% of all other stocks performed better in the past year than RGA.
RGA is part of the Insurance industry. There are 143 other stocks in this industry, of which 69% are performing better than RGA.
RGA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month RGA has a been trading in the 159.25 - 203.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RGA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 201.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 173.63, a Stop Loss order could be placed below this zone.
More info and screens
170.67
234.27
We found 1 important support area.
- A support zone ranging from 172.39 to 173.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 201.62 to 202.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @225.79 from a horizontal line in the daily time frame.
- Resistance @231.95 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
CRS39.44
Mansfield-0.54
10 Day High194.8
10 Day Low169.35
20 Day High203.23
20 Day Low159.25
52 Week High233.81
52 Week Low159.25
Performance
1 Week4.9%
2 Weeks5.31%
1 Month-4.99%
3 Month-14.81%
6 Month-8.97%
12 Month1.47%
2 Year34.59%
3 Year78.48%
5 Year82.99%
10 Year109.07%
15 Year271.01%
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)1.72
RSI(14)54.34
LBB166.29
UBB194.07
191.55
+2.42 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.28%
1 Week4.9%
2 Weeks5.31%
1 Month-4.99%
3 Month-14.81%
6 Month-8.97%
12 Month1.47%
2 Year34.59%
3 Year78.48%
5 Year82.99%
10 Year109.07%
15 Year271.01%
Volatility
ATR(14)9.17
ATR(20)%4.45%
ATR Inc-26.03%
Range Today6.25
ADR(20)7.32
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.44
Mansfield-0.54
10 Day High194.8
10 Day Low169.35
20 Day High203.23
20 Day Low159.25
52 Week High233.81
52 Week Low159.25
CS1 End173.63
CR1 Start201.62
Volume & EV
DER(3)0.93%
DER(5)-0.29%
Volume266.70K
Volume Incr-36.73%
Vol(5)306.50K
Vol(50)501.54K