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Market Impact: 0.22

RLI Makes Bullish Cross Above Critical Moving Average

Market Technicals & FlowsInvestor Sentiment & PositioningCompany Fundamentals

RLI Corp shares broke above the 200-day moving average at $59.29, trading as high as $61.13, and were up about 3.3% on the day. The move suggests improving near-term momentum/positioning, though the report is primarily technical rather than fundamental.

Analysis

RLI Corp shares broke above the 200-day moving average at $59.29, trading as high as $61.13, and were up about 3.3% on the day. The move suggests improving near-term momentum/positioning, though the report is primarily technical rather than fundamental.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

Ticker Sentiment

RLI0.20

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