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Stock Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (NASDAQ:GLRE)

Crossroads (+60) - GLRE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GLRE?

MarketClub looks at technical strength and momentum to determine if the timing is right for GLRE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_GLRE
Open High Low GLRE Price Change
11.01 11.18 10.95 11.13 +0.05
Entry Signal

MarketClub’s Trade Triangles for GLRE

long term up The long-term trend has been UP since May 11th, 2022 at 7.64

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2023 at 10.64

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 11.10

Smart Scan Analysis for GLRE

Based on our trend formula, GLRE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GLRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.01 11.18 10.95 11.13 +0.05
Prev. Close Volume Bid Ask Time
11.08 85084 2023-12-01 15:59:41
Year High21.45Year High Date2018-01-24
Year Low10.38Year Low Date2018-11-14
52wk High11.7252wk High Date2023-09-13
52wk Low7.5252wk Low Date2022-12-15
Year End Close23.08Average Volume98,322
Shares Outstanding41,592Short Interest753,296
% Institutional37.8Market Cap395M
Assets171,566,500MLiabilities115,454,400M
P/E Ratio5.7113Beta0.74
Volatility33.72
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