Barchart.com's Chart of the Day - Globe Life
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 GL - Globe Life Inc
SymLastChgPct
GL92.66-2.82-2.95%

The Barchart Chart of the Day belongs to the financial services company Globe Life (GL). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 12/4 the stock gained 4.65%.

Globe Life Inc. is a financial services holding company. It operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. Globe Life Inc., formerly known as Torchmark Corporation, is based in McKinney, Texas.

GL

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 40.70+ Weighted Alpha
  • 35.39% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 7.04% in the last month
  • Relative Strength Index 78.06%
  • Technical support level at 105.36
  • Recently traded at 106.35 with a 50 day moving average of 98.46

Fundamental factors:

  • Market Cap $11.36 billion
  • P/E 15.81
  • Dividend yield .66%
  • Revenue expected to grow 5.00% this year and another 4.00% next year
  • Earnings estimated to increase by 10.30% this year, an additional 6.40% next year and continue to compound at an annual rate of 8.20% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 2 buy, 2 hold and 5 under perform recommendations on the stock
  • 2,746 investors are monitoring the stock on Seeking Alpha