US stock / ETF

Globe Life Inc.

GL · NYSE · USD

1 weekBullish85%
Weekly Upside probability 85%Bullish

GL 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $129.21 and reclaim $191.55.

Invalidation Trigger

Lose $129.21 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 80.0, MACD 2.927

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $8.06 (4.36%)

Weekly

EMA Structure

Bullish
EMA 8$173.4Bullish
EMA 21$160.73Bullish
EMA 50$147.75Bullish

Signals

CategoryReadStrength
Momentum
RSI 80.0 · MACD 2.927

Momentum is strong

Strength
Bullish
Volatility
ATR $8.06 · BB 38.28%

Medium volatility

Strength
Range
Volume
MFI 88.6 · OBV 28.07%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$129.21 - $191.55

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.04% · 1.8 ATR above latest close

$199.61
Nearest resistance

+3.68% · 0.8 ATR above · 34-bar high

$191.55
Current price

Price shown is delayed

$184.76
Nearest support

-30.07% · 6.9 ATR below · 34-bar low

$129.21
Deeper support zone

-34.43% · 7.9 ATR below latest close

$121.15
ATR zone

Latest close ± ATR14

$176.7 - $192.82

Indicators

Trend

Dow Theory Structure

Confirmation $152.71, invalidation $148.34

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

46.7 / 37.2 / 7.9Bullish
Supertrend (10,3)

Price is above Supertrend

$158.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$166.63 / $155.8Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Volatility

ATR (14)

Medium volatility

$8.06 (4.36%)Range
Bollinger Bands (20,2)

Width 38.28%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$178.6 / $144.23Range
ATR channel lower / upper

Current Volatility Envelope

$176.7 / $192.82Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$191.55Range
Support

Nearest Downside Decision Level

$129.21Range

Momentum

RSI (14)

Momentum is strong

80.0Bullish
MACD (12,26,9)

Histogram is positive

2.927Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.6 / 91.3Bearish
Williams %R (14)

Overbought zone

-14.4Bearish
CCI (20)

Strong expansion

161.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

88.6Bullish
OBV slope

20-period OBV slope

28.07%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $152.71, invalidation $148.34

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

46.7 / 37.2 / 7.9Bullish
Supertrend (10,3)

Price is above Supertrend

$158.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$166.63 / $155.8Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Momentum

RSI (14)

Momentum is strong

80.0Bullish
MACD (12,26,9)

Histogram is positive

2.927Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.6 / 91.3Bearish
Williams %R (14)

Overbought zone

-14.4Bearish
CCI (20)

Strong expansion

161.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

Medium volatility

$8.06 (4.36%)Range
Bollinger Bands (20,2)

Width 38.28%

97%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$178.6 / $144.23Range
ATR channel lower / upper

Current Volatility Envelope

$176.7 / $192.82Range

Volume / Money Flow

MFI (14)

Money flow is strong

88.6Bullish
OBV slope

20-period OBV slope

28.07%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$191.55Range
Support

Nearest Downside Decision Level

$129.21Range

Related Forecasts