US stock / ETF

Globe Life Inc.

GL · NYSE · USD

4 hoursBearish79%
4h Downside probability 79%Bearish

GL 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $162.73 and stabilize above resistance $170.89.

Invalidation Trigger

Break above $170.89 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.2, MACD -1.254

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.95 (1.88%)

4h

EMA Structure

Bearish
EMA 8$158.94Bearish
EMA 21$162.73Bearish
EMA 50$165.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.2 · MACD -1.254

Momentum is weak

Strength
Bearish
Volatility
ATR $2.95 · BB 13.46%

Low volatility

Strength
Range
Volume
MFI 62.2 · OBV 80.02%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$154.09 - $170.89

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.86% · 5.8 ATR above latest close

$173.84
Nearest resistance

+8.97% · 4.8 ATR above · 34-bar high

$170.89
Current price

Price shown is delayed

$156.82
Nearest support

-1.74% · 0.9 ATR below · 34-bar low

$154.09
Deeper support zone

-3.63% · 1.9 ATR below latest close

$151.13
ATR zone

Latest close ± ATR14

$153.87 - $159.77

Indicators

Trend

Dow Theory Structure

Confirmation $154.09, invalidation $168.51

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

35.1 / 22.9 / 48.0Bearish
Supertrend (10,3)

Price is above Supertrend

$145.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.89 / $162.49Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$2.95 (1.88%)Range
Bollinger Bands (20,2)

Width 13.46%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$170.3 / $154.82Range
ATR channel lower / upper

Current Volatility Envelope

$153.87 / $159.77Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.89Range
Support

Nearest Downside Decision Level

$154.09Range

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-1.254Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.3 / 17.6Bearish
Williams %R (14)

Oversold zone

-83.7Bullish
CCI (20)

Weak expansion

-113.7Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

80.02%Bullish
Volume ratio

Relative to 20-period average volume

2.25xBullish

Trend

Dow Theory Structure

Confirmation $154.09, invalidation $168.51

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

35.1 / 22.9 / 48.0Bearish
Supertrend (10,3)

Price is above Supertrend

$145.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$161.89 / $162.49Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is negative

-1.254Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.3 / 17.6Bearish
Williams %R (14)

Oversold zone

-83.7Bullish
CCI (20)

Weak expansion

-113.7Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$2.95 (1.88%)Range
Bollinger Bands (20,2)

Width 13.46%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$170.3 / $154.82Range
ATR channel lower / upper

Current Volatility Envelope

$153.87 / $159.77Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.2Bullish
OBV slope

20-period OBV slope

80.02%Bullish
Volume ratio

Relative to 20-period average volume

2.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.89Range
Support

Nearest Downside Decision Level

$154.09Range

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