Why Everest Re Group, Ltd. ($RE) Is Acting Slightly Strange (2019-11-20)

REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how RE has been trading over the last 2 weeks and the past day especially. On its latest session, Everest Re Group, Ltd. ($RE) opened at 266.8, reaching a high of 267.465 and a low of 265.0 before closing at a price of 267.02. There was a total volume of 289146.

VOLUME INDICATORS FOR EVEREST RE GROUP, LTD. ($RE): We saw an accumulation-distribution index of 2072.59354, an on-balance volume of 267.44, chaikin money flow of 6.41353 and a force index of 0.2055. There was an ease of movement rating of -0.00193, a volume-price trend of 13.90668 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR EVEREST RE GROUP, LTD. ($RE): We noted an average true range of 2.51972, bolinger bands of 267.95746, an upper bollinger band of 263.58754, lower bollinger band of 265.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 266.42167, high band keltner channel of 265.75667, low band keltner channel of 267.08667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 265.0, a donchian channel low band of 265.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR EVEREST RE GROUP, LTD. ($RE): We calculated a Moving Average Convergence Divergence (MACD) of 0.03466, a MACD signal of 0.01926, a MACD difference of 0.01541, a fast Exponential Moving Average (EMA) indicator of 265.0, a slow Exponential Moving Average (EMA) indicator of 265.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.87464, a trix of 4.0695, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -13.13717, a KST Oscillator (KST) of 52.16002 and a KST Oscillator (KST Signal) of 52.16002 (leaving a KST difference of 1.53357). We also found an Ichimoku rating of 267.1325, an Ichimoku B rating of 267.1325, a Ichimoku visual trend A of 255.99444, an Ichimoku visual trend B of 257.73118, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR EVEREST RE GROUP, LTD. ($RE): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 87.94953, a stochastic oscillator of 370.67669, a stochastic oscillator signal of 370.67669, a Williams %R rating of 270.67669 and an awesome oscillator of 0.16917.

RETURNS FOR EVEREST RE GROUP, LTD. ($RE): There was a daily return of 5.216, a daily log return of 0.58133 and a cumulative return of 0.58302.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Everest Re Group, Ltd. ($RE)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Everest Re Group, Ltd. ($RE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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