RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GBLI
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Global Indemnity plc stock price ended at $29.00 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 20, 2024 PDF

No changes to the price of Global Indemnity plc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 1.33% from a day low at $28.62 to a day high of $29.00. The price has fallen in 5 of the last 10 days and is down by -4.76% for this period.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.34% during the next 3 months and, with a 90% probability hold a price between $24.03 and $27.56 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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GBLI Signals & Forecast

Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The Global Indemnity plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $29.04 and $29.27. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 14, 2024, and so far it has fallen -4.82%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Global Indemnity plc stock

Global Indemnity plc finds support from accumulated volume at $28.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.380 between high and low, or 1.33%. For the last week the stock has had daily average volatility of 1.43%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GBLI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Global Indemnity plc to open at $28.87, and during the day (based on 14 day Average True Range), to move between $28.44 and $29.56, which gives a possible trading interval of +/-$0.556 (+/-1.92%) up or down from last closing price. If Global Indemnity plc takes out the full calculated possible swing range there will be an estimated 3.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $29.60 (2.07%) than the support at $28.40 (2.07%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Global Indemnity plc stock A Buy?

Global Indemnity plc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.277 Sell Candidate Unchanged

Predicted Opening Price for Global Indemnity plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$28.87 ( 0.437%) $29.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GBLI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 29.25 0.87 %
R2 29.11 0.373 %
R1 29.02 0.0638 %
Current price: 29.00
Support S1 28.73 -0.94 %
S2 28.64 -1.25 %
S3 28.49 -1.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.50 12.07 %
R2 32.24 11.17 %
R1 29.60 2.07 %
Current price 29.00
Support S1 28.40 -2.07%
S2 28.03 -3.34%
S3 27.47 -5.28%

GBLI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 20, 2024 Mar 20, 2024 Mar 28, 2024 $0.350 1.21%
2 Dec 07, 2023 Dec 21, 2023 Dec 29, 2023 $0.250 0.775%
3 Sep 28, 2023 Oct 05, 2023 Oct 16, 2023 $0.250 0.704%
4 Jun 01, 2023 Jun 22, 2023 Jun 30, 2023 $0.250 0.744%
5 Mar 02, 2023 Mar 23, 2023 Mar 31, 2023 $0.250 0.89%

FAQ

What is the symbol for Global Indemnity plc Stock and on which exchange is it traded?
The symbol for Global Indemnity plc is GBLI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Global Indemnity plc Stock?
Global Indemnity plc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Global Indemnity plc Stock?
Global Indemnity plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Global Indemnity plc Stock.

What's the current price of Global Indemnity plc Stock?
As of the end of day on the 2024-03-27, the price of an Global Indemnity plc (GBLI) share was $29.00.

What is the 52-week high and low for Global Indemnity plc Stock?
The 52-week high for Global Indemnity plc Stock is $37.00 and the 52-week low is $25.21.

What is the market capitalization of Global Indemnity plc Stock?
As of the 2024-03-27, the market capitalization of Global Indemnity plc is 393.789M.

When is the next earnings date for Global Indemnity plc?
The upcoming earnings date for Global Indemnity plc is May 08, 2024.
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About Global Indemnity plc

Global Indemnity plc Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, Ranch, & Stable; and Reinsurance Operations segments. The Commercial Specialty segment distributes property, general liability, casualty, and professional lines products. This segment sells its products through a network of wholesale general agents and program... GBLI Profile

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