Rli Corp Stock Technical Analysis

RLI Stock  USD 175.90  4.34  2.41%   
As of the 29th of November, RLI Corp holds the semi deviation of 1.17, and Risk Adjusted Performance of 0.1672. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of RLI Corp, as well as the relationship between them.

RLI Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RLI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RLI
  
RLI Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

RLI Corp Analyst Consensus

Target PriceAdvice# of Analysts
153.75Buy9Odds
RLI Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most RLI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand RLI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of RLI Corp, talking to its executives and customers, or listening to RLI conference calls.
RLI Analyst Advice Details
RLI Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of RLI Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RLI Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

RLI Corp Technical Analysis

Indicator
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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of RLI Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

RLI Corp Trend Analysis

Use this graph to draw trend lines for RLI Corp. You can use it to identify possible trend reversals for RLI Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual RLI Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

RLI Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for RLI Corp applied against its price change over selected period. The best fit line has a slop of   0.49  , which may imply that RLI Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 8958.88, which is the sum of squared deviations for the predicted RLI Corp price change compared to its average price change.

About RLI Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of RLI Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of RLI Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RLI Corp price pattern first instead of the macroeconomic environment surrounding RLI Corp. By analyzing RLI Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of RLI Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to RLI Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.

RLI Corp November 29, 2024 Technical Indicators

Most technical analysis of RLI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RLI from various momentum indicators to cycle indicators. When you analyze RLI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

RLI Corp November 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as RLI stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for RLI Stock analysis

When running RLI Corp's price analysis, check to measure RLI Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RLI Corp is operating at the current time. Most of RLI Corp's value examination focuses on studying past and present price action to predict the probability of RLI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLI Corp's price. Additionally, you may evaluate how the addition of RLI Corp to your portfolios can decrease your overall portfolio volatility.
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