RLI CORP (RLI) Stock Technical Analysis
NYSE:RLI - New York Stock Exchange, Inc. - US7496071074 - Common Stock - Currency: USD
Overall RLI gets a technical rating of 0 out of 10. RLI'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.
76% of all other stocks performed better in the past year than RLI.
RLI is part of the Insurance industry. There are 143 other stocks in this industry, of which 69% are performing better than RLI.
RLI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RLI has a been trading in the 70.01 - 78.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RLI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 73.12, a Stop Loss order could be placed below this zone.
More info and screens
68.68
79.33
3 important support areas can be observed.
- A support zone ranging from 71.75 to 73.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.52 from a horizontal line in the daily time frame.
- Support @69.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 75.62 to 75.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 76.91 to 78.54. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS24.55
Mansfield-1.01
10 Day High78.04
10 Day Low73.49
20 Day High78.04
20 Day Low70.01
52 Week High91.15
52 Week Low67.53
Performance
1 Week0.07%
2 Weeks-3.18%
1 Month-4.34%
3 Month-16.06%
6 Month-1.32%
12 Month1.87%
2 Year8.3%
3 Year47.15%
5 Year85.82%
10 Year208.66%
15 Year460.56%
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)0.2
RSI(14)43.46
LBB73.11
UBB77.84
74.68
+0.21 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.28%
1 Week0.07%
2 Weeks-3.18%
1 Month-4.34%
3 Month-16.06%
6 Month-1.32%
12 Month1.87%
2 Year8.3%
3 Year47.15%
5 Year85.82%
10 Year208.66%
15 Year460.56%
Volatility
ATR(14)1.47
ATR(20)%2.56%
ATR Inc-13.9%
Range Today1.58
ADR(20)1.61
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-1.01
10 Day High78.04
10 Day Low73.49
20 Day High78.04
20 Day Low70.01
52 Week High91.15
52 Week Low67.53
CS1 End73.12
CR1 Start75.62
Volume & EV
DER(3)-0.54%
DER(5)-0.5%
Volume315.90K
Volume Incr-32.58%
Vol(5)420.34K
Vol(50)390.85K