Technical Analysis for RLI - RLI Corp.

Grade Last Price % Change Price Change
A 148.77 0.89% 1.31
RLI closed up 0.89 percent on Friday, May 17, 2024, on 1.36 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Cup with Handle Other 0.89%
Gapped Up Strength 0.89%
50 DMA Support Bullish 2.49%
Cup with Handle Other 2.49%
Cup with Handle Other 2.14%
NR7 Range Contraction 2.14%

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Profile

RLI Corp. Description

RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. Its Casualty segment provides general liability products consisting of coverage for third party liability of commercial insurers, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile; environmental liability for underground storage tanks, contractors, and asbestos and environmental remediation specialists; commercial and personal umbrella liability insurance; and commercial transportation that include automobile liability and physical damage insurance to public transportation risks, equipment dealers, other types of specialty commercial automobile risks, and local, intermediate, and long haul truckers, as well as incidental and related insurance coverage. This segment also offers directors and officers liability insurance, employment practices liability, fiduciary liability, and fidelity coverage; professional liability coverages, such as general liability, property, automobile, excess liability, and worker's compensation coverages , as well as in-home business insurance and medical malpractice coverage. The company's Property segment provides excess and surplus lines and specialty property insurance, such as fire and earthquake; and insurance for office buildings, apartments, condominiums, and certain industrial and mercantile structures. This segment also offers cargo, hull and protection and indemnity, and marine liability, as well as inland marine coverages, including builders' risks, contractors' equipment, and other floater type coverages; crop reinsurance; facultative and other treaty reinsurance; and homeowners and dwelling fire insurance. The company's Surety segment provides surety coverage for license and permit, notary, and court bonds; and contract, commercial, and oil and gas surety coverage. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.


Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: Real Estate Investment Trust Insurance Casualty Insurance Reinsurance General Insurance Insurance Coverage Liability Insurance Storage Tank Property Insurance Environmental Remediation Business Insurance Haul Truck Medical Malpractice Public Transport Asbestos Public Transportation Inland Marine Insurance Liability Products Fire Insurance Physical Damage Insurance

Is RLI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 149.2
52 Week Low 122.321
Average Volume 152,035
200-Day Moving Average 138.14
50-Day Moving Average 144.56
20-Day Moving Average 145.32
10-Day Moving Average 146.75
Average True Range 2.28
RSI (14) 60.94
ADX 22.7
+DI 31.46
-DI 18.14
Chandelier Exit (Long, 3 ATRs) 142.10
Chandelier Exit (Short, 3 ATRs) 142.93
Upper Bollinger Bands 149.74
Lower Bollinger Band 140.89
Percent B (%b) 0.89
BandWidth 6.09
MACD Line 1.12
MACD Signal Line 0.77
MACD Histogram 0.3449
Fundamentals Value
Market Cap 6.79 Billion
Num Shares 45.6 Million
EPS 6.61
Price-to-Earnings (P/E) Ratio 22.51
Price-to-Sales 4.26
Price-to-Book 4.55
PEG Ratio 3.82
Dividend 1.07
Dividend Yield 0.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 150.57
Resistance 3 (R3) 150.42 149.68 150.27
Resistance 2 (R2) 149.68 149.22 149.75 150.17
Resistance 1 (R1) 149.22 148.94 149.45 149.37 150.07
Pivot Point 148.48 148.48 148.59 148.55 148.48
Support 1 (S1) 148.02 148.02 148.25 148.17 147.47
Support 2 (S2) 147.28 147.74 147.35 147.37
Support 3 (S3) 146.82 147.28 147.27
Support 4 (S4) 146.97