RLI CORP (RLI)

US7496071074 - Common Stock

153.04  +2.75 (+1.83%)

After market: 153.04 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, RLI scores 1 out of 10 in our technical rating. RLI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month RLI has a been trading in the 147.75 - 172.10 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, RLI turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
RLI is an average performer in the Insurance industry, it outperforms 46% of 144 stocks in the same industry.
RLI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RLI is lagging the market slightly.
Weekly and Daily overview Charts
RLI Weekly chart
RLI Daily chart
Setup Rating and Analysis

3

The technical rating of RLI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

124.52

169.60

We found 3 important support areas.

  • A support zone ranging from 149.13 to 149.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @138.74 from a horizontal line in the weekly time frame.
  • Support @125.78 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 157.92 to 162.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 167.33 to 167.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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
CRS49.62
Mansfield-0.47
10 Day High166.4
10 Day Low147.75
20 Day High172.1
20 Day Low147.75
52 Week High182.29
52 Week Low134.07
Performance
1 Week-5.14%
2 Weeks-7.75%
1 Month-9.74%
3 Month-6.1%
6 Month9.79%
12 Month6.13%
2 Year15.55%
3 Year46.06%
5 Year64.54%
10 Year226.24%
15 Year494.79%
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)-1.46
RSI(14)31.08
LBB147.89
UBB172.75
RLI Daily chart

RLI CORP

NYSE:RLI (1/14/2025, 8:04:00 PM)

After market: 153.04 0 (0%)

153.04

+2.75 (+1.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.83%
1 Week-5.14%
2 Weeks-7.75%
1 Month-9.74%
3 Month-6.1%
6 Month9.79%
12 Month6.13%
2 Year15.55%
3 Year46.06%
5 Year64.54%
10 Year226.24%
15 Year494.79%
Volatility
ATR(14)3.23
ATR(20)%2.21%
ATR Inc-19.75%
Range Today3.11
ADR(20)3.21
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.62
Mansfield-0.47
10 Day High166.4
10 Day Low147.75
20 Day High172.1
20 Day Low147.75
52 Week High182.29
52 Week Low134.07
CS1 End149.31
CR1 Start157.92
Volume & EV
DER(3)-0.7%
DER(5)-0.02%
Volume149.90K
Volume Incr23.45%
Vol(5)234.48K
Vol(50)179.22K