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.
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Stronger technical forecast for Reinsurance Group of America stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 14.02% PDF

The Reinsurance Group of America stock price fell by -0.202% on the last day (Thursday, 28th Mar 2024) from $193.27 to $192.88. During the last trading day the stock fluctuated 1.14% from a day low at $192.51 to a day high of $194.71. The price has risen in 7 of the last 10 days and is up by 4.73% over the past 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 266 thousand shares were bought and sold for approximately $51.38 million.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $193.70 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.58% during the next 3 months and, with a 90% probability hold a price between $207.32 and $223.87 at the end of this 3-month period.

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RGA Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.202%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Reinsurance Group of America stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $190.16 and $179.11. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Reinsurance Group of America stock

Reinsurance Group of America finds support from accumulated volume at $186.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.20 between high and low, or 1.14%. For the last week, the stock has had daily average volatility of 1.68%.

The Reinsurance Group of America stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $188.22 (-2.42%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 83 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (RGA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Reinsurance Group of America Incorporated to open at $193.37, and during the day (based on 14 day Average True Range), to move between $190.00 and $195.76, which gives a possible trading interval of +/-$2.88 (+/-1.49%) up or down from last closing price. If Reinsurance Group of America Incorporated takes out the full calculated possible swing range there will be an estimated 2.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $193.27 (0.20%) than the support at $186.04 (3.55%), 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 Reinsurance Group of America Incorporated stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Reinsurance Group of America stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.221 Buy Candidate Upgraded

Predicted Opening Price for Reinsurance Group of America Incorporated of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$193.37 ( 0.253%) $192.88

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

Trading levels for RGA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 195.57 1.39 %
R2 194.73 0.96 %
R1 194.21 0.689 %
Current price: 192.88
Support S1 192.53 -0.183 %
S2 192.01 -0.453 %
S3 191.17 -0.89 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 193.27 0.202 %
Current price 192.88
Support S1 186.04 -3.55%
S2 185.28 -3.94%
S3 167.04 -13.40%

RGA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 12, 2024 Feb 27, 2024 $0.85 0.485%
2 Oct 31, 2023 Nov 13, 2023 Nov 28, 2023 $0.85 0.528%
3 Aug 01, 2023 Aug 14, 2023 Aug 29, 2023 $0.85 0.609%
4 May 02, 2023 May 15, 2023 May 30, 2023 $0.80 0.560%
5 Feb 02, 2023 Feb 13, 2023 Feb 28, 2023 $0.80 0.554%

FAQ

What is the symbol for Reinsurance Group of America Incorporated Stock and on which exchange is it traded?
The symbol for Reinsurance Group of America Incorporated is RGA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Reinsurance Group of America Incorporated Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Reinsurance Group of America stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Reinsurance Group of America Incorporated Stock?
Reinsurance Group of America Incorporated Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Reinsurance Group of America Incorporated Stock.

What's the current price of Reinsurance Group of America Incorporated Stock?
As of the end of day on the 2024-03-28, the price of an Reinsurance Group of America Incorporated (RGA) share was $192.88.

What is the 52-week high and low for Reinsurance Group of America Incorporated Stock?
The 52-week high for Reinsurance Group of America Incorporated Stock is $194.71 and the 52-week low is $131.29.

What is the market capitalization of Reinsurance Group of America Incorporated Stock?
As of the 2024-03-28, the market capitalization of Reinsurance Group of America Incorporated is 12.683B.

When is the next earnings date for Reinsurance Group of America Incorporated?
The upcoming earnings date for Reinsurance Group of America Incorporated is May 02, 2024.
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About Reinsurance Group of America Incorporated

Reinsurance Group of Americaorporated Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. The company also provides reinsurance for mo... RGA Profile

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