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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Reinsurance Group of America ETF downgraded from Buy Candidate to Strong Sell Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Reinsurance Group of America ETF price fell by -0.517% on the last day (Thursday, 28th Mar 2024) from $25.13 to $25.00. During the last trading day the ETF fluctuated 0.552% from a day low at $24.98 to a day high of $25.12. The price has risen in 7 of the last 10 days and is up by 1.26% 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, 24 thousand shares were bought and sold for approximately $594.58 thousand.

The ETF lies the upper part of a narrow and falling 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 $25.12 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -2.71% during the next 3 months and, with a 90% probability hold a price between $23.77 and $24.44 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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RZB Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Reinsurance Group of America ETF 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 $25.03 and $25.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.517%. Further fall is indicated until a new bottom pivot has been found. Reinsurance Group of America gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

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

Reinsurance Group of America finds support from accumulated volume at $24.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.138 between high and low, or 0.552%. For the last week the ETF has had daily average volatility of 0.549%.

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

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

For the upcoming trading day on Monday, 1st we expect Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 to open at $25.03, and during the day (based on 14 day Average True Range), to move between $24.83 and $25.17, which gives a possible trading interval of +/-$0.165 (+/-0.66%) up or down from last closing price. If Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 takes out the full calculated possible swing range there will be an estimated 1.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $24.70 (1.20%) than the resistance at $25.33 (1.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF A Buy?

Reinsurance Group of America holds several negative signals and is within a narrow 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 ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Sell candidate.

Current score: -5.838 Strong Sell Candidate Downgraded

Predicted Opening Price for Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$25.03 ( 0.136%) $25.00

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

Trading levels for RZB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.17 0.688 %
R2 25.12 0.477 %
R1 25.09 0.347 %
Current price: 25.00
Support S1 24.98 -0.0749 %
S2 24.95 -0.205 %
S3 24.90 -0.416 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.53 2.12 %
R2 25.44 1.76 %
R1 25.33 1.32 %
Current price 25.00
Support S1 24.70 -1.20%
S2 24.64 -1.44%
S3 24.63 -1.48%

RZB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 15, 2024 $0.359 1.46%
2 Nov 30, 2023 Nov 30, 2023 Nov 30, 2023 $0.359 1.43%
3 Aug 31, 2023 Aug 31, 2023 Sep 15, 2023 $0.359 1.42%
4 May 31, 2023 May 31, 2023 Jun 15, 2023 $0.359 1.44%
5 May 27, 2023 Feb 28, 2023 Mar 15, 2023 $0.359 1.45%

FAQ

What is the symbol for Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF and on which exchange is it traded?
The symbol for Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 is RZB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF?
Reinsurance Group of America holds several negative signals and is within a narrow 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 ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Sell candidate.

How to buy Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF?
Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF 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 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF.

What's the current price of Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF?
As of the end of day on the 2024-03-28, the price of an Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 (RZB) share was $25.00.

What is the 52-week high and low for Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF?
The 52-week high for Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF is $26.47 and the 52-week low is $23.44.

What is the market capitalization of Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 ETF?
As of the 2024-03-28, the market capitalization of Reinsurance Group of America Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056 is 12.683B.
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