RLI CORP (RLI)
US7496071074 - Common Stock
We assign a technical rating of 10 out of 10 to RLI. Both in the recent history as in the last year, RLI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RLI did better than 78% of all other stocks. We also observe that the gains produced by RLI over the past year are nicely spread over this period.
RLI 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 RLI has a been trading in the 154.94 - 180.26 range, which is quite wide. It is currently trading near the high of this range.
RLI is an average performer in the Insurance industry, it outperforms 68% of 141 stocks in the same industry.
Besides having an excellent technical rating, RLI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 177.95. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RLI 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
124.52
179.95
7 important support areas can be observed.
- A support zone ranging from 160.06 to 162.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @155.29 from a horizontal line in the weekly time frame.
- Support @151.99 from a horizontal line in the daily time frame.
- A support zone ranging from 145.96 to 146.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @141.04 from a horizontal line in the daily time frame.
- A support zone ranging from 135.70 to 138.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.78 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 177.95 to 178.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.78
Mansfield0.77
10 Day High180.26
10 Day Low172.93
20 Day High180.26
20 Day Low154.94
52 Week High180.26
52 Week Low125.77
Performance
1 Week1.77%
2 Weeks3.4%
1 Month14.58%
3 Month17.56%
6 Month21.98%
12 Month29%
2 Year36.8%
3 Year73.13%
5 Year94.75%
10 Year287.42%
15 Year605.69%
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)0.62
RSI(14)75
LBB163.19
UBB182.91
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 |
|---|---|---|---|
| 178.18 | 172.92 | 5.26 (2.95%) | 25.00% |
| An entry @178.18. This is a Buy Stop order right above the resistance zone. | An exit @172.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.26 points, which is 2.95%. | For a 0.74% 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.
RLI CORP
NYSE:RLI (11/22/2024, 8:04:00 PM)
After market: 177.94 0 (0%)177.94
-0.09 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.05%
1 Week1.77%
2 Weeks3.4%
1 Month14.58%
3 Month17.56%
6 Month21.98%
12 Month29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.3
ATR(20)%1.66%
ATR Inc
Range Today3.02
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 High180.26
10 Day Low172.93
20 Day High180.26
20 Day Low154.94
52 Week High180.26
52 Week Low125.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume223.60K
Volume Incr-10.36%
Vol(5)153.58K
Vol(50)153.91K