Globe Life Stock Pattern Recognition Long Line Candle

GL Stock  USD 111.38  0.90  0.81%   
Globe Life pattern recognition tool provides the execution environment for running the Long Line Candle recognition and other technical functions against Globe Life. Globe Life value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Long Line Candle recognition function is designed to identify and follow existing trends. Globe Life momentum indicators are usually used to generate trading rules based on assumptions that Globe Life trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of seven valid pattern recognition events for the selected time horizon. The Long Line Candle pattern shows indecision reversal trend for Globe Life.

Globe Life Technical Analysis Modules

Most technical analysis of Globe Life help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Globe from various momentum indicators to cycle indicators. When you analyze Globe charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Globe Life Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globe Life. We use our internally-developed statistical techniques to arrive at the intrinsic value of Globe Life based on widely used predictive technical indicators. In general, we focus on analyzing Globe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Globe Life's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Globe Life's intrinsic value. In addition to deriving basic predictive indicators for Globe Life, we also check how macroeconomic factors affect Globe Life price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0083670.0068230.0072670.006903
Price To Sales Ratio1.872.262.121.54
Hype
Prediction
LowEstimatedHigh
109.74111.34112.94
Details
Intrinsic
Valuation
LowRealHigh
100.24118.41120.01
Details
Naive
Forecast
LowNextHigh
110.19111.79113.39
Details
10 Analysts
Consensus
LowTargetHigh
115.17126.56140.48
Details

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.284
Dividend Share
0.945
Earnings Share
11.8
Revenue Per Share
62.39
Quarterly Revenue Growth
0.052
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.