25 XP   0   0   10

General Insurance Corporation of India
Buy, Hold or Sell?

Let's analyse General Insurance Corporation of India together

PenkeI guess you are interested in General Insurance Corporation of India. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of General Insurance Corporation of India. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about General Insurance Corporation of India

I send you an email if I find something interesting about General Insurance Corporation of India.

Quick analysis of General Insurance Corporation of India (30 sec.)










What can you expect buying and holding a share of General Insurance Corporation of India? (30 sec.)

How much money do you get?

How much money do you get?
INR0.11
When do you have the money?
1 year
How often do you get paid?
71.4%

What is your share worth?

Current worth
INR205.18
Expected worth in 1 year
INR368.63
How sure are you?
85.7%

+ What do you gain per year?

Total Gains per Share
INR172.45
Return On Investment
52.3%

For what price can you sell your share?

Current Price per Share
INR329.95
Expected price per share
INR297.05 - INR467.00
How sure are you?
50%

1. Valuation of General Insurance Corporation of India (5 min.)




Live pricePrice per Share (EOD)

INR329.95

Intrinsic Value Per Share

INR11,565.48 - INR22,106.24

Total Value Per Share

INR11,770.65 - INR22,311.42

2. Growth of General Insurance Corporation of India (5 min.)




Is General Insurance Corporation of India growing?

Current yearPrevious yearGrowGrow %
How rich?$4.3b$3.4b$860.2m19.9%

How much money is General Insurance Corporation of India making?

Current yearPrevious yearGrowGrow %
Making money$828.8m$286.3m$542.5m65.5%
Net Profit Margin17.7%5.1%--

How much money comes from the company's main activities?

3. Financial Health of General Insurance Corporation of India (5 min.)




What can you expect buying and holding a share of General Insurance Corporation of India? (5 min.)

Welcome investor! General Insurance Corporation of India's management wants to use your money to grow the business. In return you get a share of General Insurance Corporation of India.

What can you expect buying and holding a share of General Insurance Corporation of India?

First you should know what it really means to hold a share of General Insurance Corporation of India. And how you can make/lose money.

Speculation

The Price per Share of General Insurance Corporation of India is INR329.95. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of General Insurance Corporation of India.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in General Insurance Corporation of India, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR205.18. Based on the TTM, the Book Value Change Per Share is INR40.86 per quarter. Based on the YOY, the Book Value Change Per Share is INR14.67 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR2.25 per quarter.
Based on historical numbers we can estimate the returns while holding a share of General Insurance Corporation of India.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.470.1%0.470.1%0.160.0%0.190.1%0.170.1%
Usd Book Value Change Per Share0.490.1%0.490.1%0.180.1%0.160.0%0.350.1%
Usd Dividend Per Share0.030.0%0.030.0%0.000.0%0.040.0%0.050.0%
Usd Total Gains Per Share0.520.2%0.520.2%0.180.1%0.200.1%0.400.1%
Usd Price Per Share2.15-2.15-1.69-2.26-2.55-
Price to Earnings Ratio4.54-4.54-10.33--33.88--15.92-
Price-to-Total Gains Ratio4.15-4.15-9.58--13.36--6.89-
Price to Book Ratio0.87-0.87-0.86-1.22-1.45-
Price-to-Total Gains Ratio4.15-4.15-9.58--13.36--6.89-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.9594
Number of shares252
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.04
Usd Book Value Change Per Share0.490.16
Usd Total Gains Per Share0.520.20
Gains per Quarter (252 shares)130.3750.35
Gains per Year (252 shares)521.49201.39
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12749451138163191
254989103276327392
38214831553114490593
410919772074152653794
513624712595191816995
6163296631162299801196
71913460363726711431397
82183954415830513061598
92454448467934314701799
102724943520038116332000

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%3.00.02.060.0%5.00.02.071.4%5.00.02.071.4%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.01.00.085.7%6.01.00.085.7%

Fundamentals of General Insurance Corporation of India

About General Insurance Corporation of India

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of General Insurance Corporation of India.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit General Insurance Corporation of India earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare General Insurance Corporation of India to the Insurance industry mean.
  • A Net Profit Margin of 17.7% means that ₹0.18 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of General Insurance Corporation of India:

  • The MRQ is 17.7%. The company is making a huge profit. +2
  • The TTM is 17.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ17.7%TTM17.7%0.0%
TTM17.7%YOY5.1%+12.6%
TTM17.7%5Y6.6%+11.1%
5Y6.6%10Y6.3%+0.3%
1.1.2. Return on Assets

Shows how efficient General Insurance Corporation of India is using its assets to generate profit.

  • Above 5% is considered healthy but always compare General Insurance Corporation of India to the Insurance industry mean.
  • 4.2% Return on Assets means that General Insurance Corporation of India generated ₹0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of General Insurance Corporation of India:

  • The MRQ is 4.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.2%TTM4.2%0.0%
TTM4.2%YOY1.6%+2.7%
TTM4.2%5Y1.9%+2.4%
5Y1.9%10Y2.4%-0.5%
1.1.3. Return on Equity

Shows how efficient General Insurance Corporation of India is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare General Insurance Corporation of India to the Insurance industry mean.
  • 19.2% Return on Equity means General Insurance Corporation of India generated ₹0.19 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of General Insurance Corporation of India:

  • The MRQ is 19.2%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.2%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.2%TTM19.2%0.0%
TTM19.2%YOY8.3%+10.9%
TTM19.2%5Y9.0%+10.2%
5Y9.0%10Y11.1%-2.1%

1.2. Operating Efficiency of General Insurance Corporation of India.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient General Insurance Corporation of India is operating .

  • Measures how much profit General Insurance Corporation of India makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare General Insurance Corporation of India to the Insurance industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of General Insurance Corporation of India:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient General Insurance Corporation of India is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance industry mean).
  • An Operation Ratio of 1.00 means that the operating costs are ₹1.00 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of General Insurance Corporation of India:

  • The MRQ is 1.002. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.002. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.002TTM1.0020.000
TTM1.002YOY0.988+0.014
TTM1.0025Y0.977+0.025
5Y0.97710Y0.836+0.140

1.3. Liquidity of General Insurance Corporation of India.

1.3. Liquidity
1.3.1. Current Ratio

Measures if General Insurance Corporation of India is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance industry mean).
  • A Current Ratio of 0.00 means the company has ₹0.00 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of General Insurance Corporation of India:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
1.3.2. Quick Ratio

Measures if General Insurance Corporation of India is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare General Insurance Corporation of India to the Insurance industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ₹0.00 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of General Insurance Corporation of India:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000

1.4. Solvency of General Insurance Corporation of India.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of General Insurance Corporation of India assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare General Insurance Corporation of India to Insurance industry mean.
  • A Debt to Asset Ratio of 0.78 means that General Insurance Corporation of India assets are financed with 77.9% credit (debt) and the remaining percentage (100% - 77.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of General Insurance Corporation of India:

  • The MRQ is 0.779. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.779. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.779TTM0.7790.000
TTM0.779YOY0.810-0.031
TTM0.7795Y0.799-0.020
5Y0.79910Y0.792+0.007
1.4.2. Debt to Equity Ratio

Measures if General Insurance Corporation of India is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare General Insurance Corporation of India to the Insurance industry mean.
  • A Debt to Equity ratio of 352.1% means that company has ₹3.52 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of General Insurance Corporation of India:

  • The MRQ is 3.521. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.521. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.521TTM3.5210.000
TTM3.521YOY4.267-0.746
TTM3.5215Y3.992-0.471
5Y3.99210Y3.829+0.163

2. Market Valuation of General Insurance Corporation of India

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings General Insurance Corporation of India generates.

  • Above 15 is considered overpriced but always compare General Insurance Corporation of India to the Insurance industry mean.
  • A PE ratio of 4.54 means the investor is paying ₹4.54 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of General Insurance Corporation of India:

  • The EOD is 8.380. Based on the earnings, the company is underpriced. +1
  • The MRQ is 4.544. Based on the earnings, the company is cheap. +2
  • The TTM is 4.544. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.380MRQ4.544+3.837
MRQ4.544TTM4.5440.000
TTM4.544YOY10.333-5.789
TTM4.5445Y-33.883+38.427
5Y-33.88310Y-15.924-17.959
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of General Insurance Corporation of India:

  • The EOD is 4.995. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.708. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.708. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.995MRQ2.708+2.287
MRQ2.708TTM2.7080.000
TTM2.708YOY2.742-0.034
TTM2.7085Y3.216-0.508
5Y3.21610Y3.883-0.667
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of General Insurance Corporation of India is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance industry mean).
  • A PB ratio of 0.87 means the investor is paying ₹0.87 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of General Insurance Corporation of India:

  • The EOD is 1.608. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.872. Based on the equity, the company is cheap. +2
  • The TTM is 0.872. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.608MRQ0.872+0.736
MRQ0.872TTM0.8720.000
TTM0.872YOY0.855+0.017
TTM0.8725Y1.219-0.347
5Y1.21910Y1.446-0.227
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of General Insurance Corporation of India compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--40.86340.8630%14.673+178%13.499+203%29.311+39%
Book Value Per Share--205.176205.1760%164.313+25%160.183+28%131.552+56%
Current Ratio----0%-0%-0%-0%
Debt To Asset Ratio--0.7790.7790%0.810-4%0.799-3%0.792-2%
Debt To Equity Ratio--3.5213.5210%4.267-17%3.992-12%3.829-8%
Dividend Per Share--2.2502.2500%-+100%3.150-29%3.766-40%
Eps--39.37139.3710%13.602+189%15.796+149%14.351+174%
Free Cash Flow Per Share--66.05266.0520%51.253+29%1555.536-96%1124.858-94%
Free Cash Flow To Equity Per Share--63.80263.8020%51.253+24%1551.831-96%1120.386-94%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--22106.241--------
Intrinsic Value_10Y_min--11565.478--------
Intrinsic Value_1Y_max--2492.692--------
Intrinsic Value_1Y_min--1470.463--------
Intrinsic Value_3Y_max--7278.052--------
Intrinsic Value_3Y_min--4174.503--------
Intrinsic Value_5Y_max--11808.503--------
Intrinsic Value_5Y_min--6590.801--------
Market Cap--313862160000.000313862160000.0000%246580920000.000+27%331072824000.000-5%372163065000.000-16%
Net Profit Margin--0.1770.1770%0.051+248%0.066+169%0.063+182%
Operating Margin----0%-0%-0%-0%
Operating Ratio--1.0021.0020%0.988+1%0.977+3%0.836+20%
Pb Ratio1.608+46%0.8720.8720%0.855+2%1.219-28%1.446-40%
Pe Ratio8.380+46%4.5444.5440%10.333-56%-33.883+846%-15.924+450%
Price Per Share329.950+46%178.900178.9000%140.550+27%188.710-5%212.131-16%
Price To Free Cash Flow Ratio4.995+46%2.7082.7080%2.742-1%3.216-16%3.883-30%
Price To Total Gains Ratio7.653+46%4.1504.1500%9.579-57%-13.359+422%-6.886+266%
Quick Ratio----0%-0%-0%-0%
Return On Assets--0.0420.0420%0.016+170%0.019+127%0.024+78%
Return On Equity--0.1920.1920%0.083+132%0.090+113%0.111+72%
Total Gains Per Share--43.11343.1130%14.673+194%16.649+159%33.077+30%
Usd Book Value--4319519652.0004319519652.0000%3459242544.000+25%3372295063.200+28%3045802659.000+42%
Usd Book Value Change Per Share--0.4900.4900%0.176+178%0.162+203%0.352+39%
Usd Book Value Per Share--2.4622.4620%1.972+25%1.922+28%1.579+56%
Usd Dividend Per Share--0.0270.0270%-+100%0.038-29%0.045-40%
Usd Eps--0.4720.4720%0.163+189%0.190+149%0.172+174%
Usd Free Cash Flow--1390581600.0001390581600.0000%1079011572.000+29%32748384153.600-96%20810780790.000-93%
Usd Free Cash Flow Per Share--0.7930.7930%0.615+29%18.666-96%13.498-94%
Usd Free Cash Flow To Equity Per Share--0.7660.7660%0.615+24%18.622-96%13.445-94%
Usd Market Cap--3766345920.0003766345920.0000%2958971040.000+27%3972873888.000-5%4465956780.000-16%
Usd Price Per Share3.959+46%2.1472.1470%1.687+27%2.265-5%2.546-16%
Usd Profit--828876780.000828876780.0000%286353600.000+189%332550340.800+149%344487586.500+141%
Usd Revenue--4686756264.0004686756264.0000%5632405200.000-17%5519570762.400-15%4564976605.500+3%
Usd Total Gains Per Share--0.5170.5170%0.176+194%0.200+159%0.397+30%
 EOD+2 -4MRQTTM+0 -0YOY+27 -55Y+19 -1310Y+20 -12

3.2. Fundamental Score

Let's check the fundamental score of General Insurance Corporation of India based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.380
Price to Book Ratio (EOD)Between0-11.608
Net Profit Margin (MRQ)Greater than00.177
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.779
Debt to Equity Ratio (MRQ)Less than13.521
Return on Equity (MRQ)Greater than0.150.192
Return on Assets (MRQ)Greater than0.050.042
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of General Insurance Corporation of India based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.116
Ma 20Greater thanMa 50351.290
Ma 50Greater thanMa 100368.485
Ma 100Greater thanMa 200328.069
OpenGreater thanClose332.000
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets1,627,307,401
Total Liabilities1,267,347,430
Total Stockholder Equity359,959,971
 As reported
Total Liabilities 1,267,347,430
Total Stockholder Equity+ 359,959,971
Total Assets = 1,627,307,401

Assets

Total Assets1,627,307,401
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 30,532,392
Total Current Assets  (as reported)0
Total Current Assets  (calculated)30,532,392
+/- 30,532,392
Long-term Assets
Property Plant Equipment 2,966,300
Goodwill 273,832
Long Term Investments 1,147,380,400
Long-term Assets  (as reported)0
Long-term Assets  (calculated)1,150,620,532
+/- 1,150,620,532

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity359,959,971
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock8,772,000
Retained Earnings 314,049,445
Capital Surplus 15,440,663
Other Stockholders Equity 16,822,926
Total Stockholder Equity (as reported)359,959,971
Total Stockholder Equity (calculated)355,085,034
+/- 4,874,937
Other
Capital Stock8,772,000
Cash And Equivalents8,075,807
Common Stock Shares Outstanding 1,754,400
Liabilities and Stockholders Equity 1,627,307,401
Net Invested Capital 451,847,300



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
761,027,460
970,794,390
1,130,387,938
1,222,086,692
1,205,812,000
1,402,646,362
1,518,405,456
1,627,307,401
1,627,307,4011,518,405,4561,402,646,3621,205,812,0001,222,086,6921,130,387,938970,794,390761,027,460
   > Total Current Assets 00000000
       Cash And Cash Equivalents 
7,749,640
21,678,590
30,160,857
14,973,817
161,067,300
10,333,500
9,410,780
30,532,392
30,532,3929,410,78010,333,500161,067,30014,973,81730,160,85721,678,5907,749,640
       Short-term Investments 
0
0
17,720,574
20,676,086
23,257,620
14,093,058
5,000,831
0
05,000,83114,093,05823,257,62020,676,08617,720,57400
       Net Receivables 
0
108,918,870
151,554,812
153,284,921
186,549,376
127,099,115
111,060,880
0
0111,060,880127,099,115186,549,376153,284,921151,554,812108,918,8700
   > Long-term Assets 00000000
       Property Plant Equipment 
1,759,020
1,693,910
1,721,896
1,975,792
1,816,894
1,722,605
1,728,090
2,966,300
2,966,3001,728,0901,722,6051,816,8941,975,7921,721,8961,693,9101,759,020
       Goodwill 
378,670
378,670
273,832
273,832
273,800
273,832
273,832
273,832
273,832273,832273,832273,800273,832273,832378,670378,670
       Long Term Investments 
0
662,319,910
738,273,129
819,100,307
709,176,083
939,901,000
1,046,773,319
1,147,380,400
1,147,380,4001,046,773,319939,901,000709,176,083819,100,307738,273,129662,319,9100
> Total Liabilities 
576,849,640
771,107,380
888,840,605
967,162,941
966,371,700
1,140,117,653
1,230,135,244
1,267,347,430
1,267,347,4301,230,135,2441,140,117,653966,371,700967,162,941888,840,605771,107,380576,849,640
   > Total Current Liabilities 00000000
       Accounts payable 
0
18,583,880
29,551,671
41,754,611
42,270,193
33,293,096
40,528,685
0
040,528,68533,293,09642,270,19341,754,61129,551,67118,583,8800
   > Long-term Liabilities 00000000
> Total Stockholder Equity
184,177,820
199,687,010
241,547,333
254,923,751
239,440,300
262,528,709
288,270,212
359,959,971
359,959,971288,270,212262,528,709239,440,300254,923,751241,547,333199,687,010184,177,820
   Common Stock
4,300,000
4,300,000
4,386,000
8,772,000
8,772,000
8,772,000
8,772,000
8,772,000
8,772,0008,772,0008,772,0008,772,0008,772,0004,386,0004,300,0004,300,000
   Retained Earnings 
169,943,260
190,998,710
212,372,945
221,286,158
230,668,300
237,579,099
248,923,777
314,049,445
314,049,445248,923,777237,579,099230,668,300221,286,158212,372,945190,998,710169,943,260
   Capital Surplus 
0
0
15,440,664
15,440,664
15,440,664
1,544,066
15,440,663
15,440,663
15,440,66315,440,6631,544,06615,440,66415,440,66415,440,66400
   Treasury Stock00000000
   Other Stockholders Equity 
9,935,780
4,388,630
9,338,966
9,417,336
10,523,285
14,786,709
15,345,592
16,822,926
16,822,92615,345,59214,786,70910,523,2859,417,3369,338,9664,388,6309,935,780



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue459,660,300
Cost of Revenue--
Gross Profit-459,660,300
 
Operating Income (+$)
Gross Profit-
Operating Expense-386,275,600
Operating Income--386,275,600
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense386,275,6000
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)73,384,900503,100
EBIT - interestExpense = 0
66,280,300
66,280,300
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-73,384,900
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax73,384,900
Tax Provision-9,704,300
Net Income From Continuing Ops66,280,40063,680,600
Net Income66,280,300
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-503,1000
 

Technical Analysis of General Insurance Corporation of India
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of General Insurance Corporation of India. The general trend of General Insurance Corporation of India is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine General Insurance Corporation of India's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of General Insurance Corporation of India.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 449.15 < 467.00.

The bearish price targets are: 324.60 > 301.15 > 297.05.

Tweet this
General Insurance Corporation of India Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of General Insurance Corporation of India. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

General Insurance Corporation of India Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of General Insurance Corporation of India. The current macd is -13.73942329.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the General Insurance Corporation of India price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for General Insurance Corporation of India. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the General Insurance Corporation of India price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
General Insurance Corporation of India Daily Moving Average Convergence/Divergence (MACD) ChartGeneral Insurance Corporation of India Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of General Insurance Corporation of India. The current adx is 26.25.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell General Insurance Corporation of India shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
General Insurance Corporation of India Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of General Insurance Corporation of India. The current sar is 364.26.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
General Insurance Corporation of India Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of General Insurance Corporation of India. The current rsi is 41.12. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
General Insurance Corporation of India Daily Relative Strength Index (RSI) ChartGeneral Insurance Corporation of India Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of General Insurance Corporation of India. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the General Insurance Corporation of India price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
General Insurance Corporation of India Daily Stochastic Oscillator ChartGeneral Insurance Corporation of India Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of General Insurance Corporation of India. The current cci is -58.12005087.

General Insurance Corporation of India Daily Commodity Channel Index (CCI) ChartGeneral Insurance Corporation of India Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of General Insurance Corporation of India. The current cmo is -22.28015377.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
General Insurance Corporation of India Daily Chande Momentum Oscillator (CMO) ChartGeneral Insurance Corporation of India Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of General Insurance Corporation of India. The current willr is -63.35877863.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that General Insurance Corporation of India is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
General Insurance Corporation of India Daily Williams %R ChartGeneral Insurance Corporation of India Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of General Insurance Corporation of India.

General Insurance Corporation of India Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of General Insurance Corporation of India. The current atr is 22.66.

General Insurance Corporation of India Daily Average True Range (ATR) ChartGeneral Insurance Corporation of India Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of General Insurance Corporation of India. The current obv is 18,205,375.

General Insurance Corporation of India Daily On-Balance Volume (OBV) ChartGeneral Insurance Corporation of India Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of General Insurance Corporation of India. The current mfi is 37.31.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
General Insurance Corporation of India Daily Money Flow Index (MFI) ChartGeneral Insurance Corporation of India Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for General Insurance Corporation of India.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

General Insurance Corporation of India Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of General Insurance Corporation of India based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.116
Ma 20Greater thanMa 50351.290
Ma 50Greater thanMa 100368.485
Ma 100Greater thanMa 200328.069
OpenGreater thanClose332.000
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of General Insurance Corporation of India with someone you think should read this too:
  • Are you bullish or bearish on General Insurance Corporation of India? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about General Insurance Corporation of India? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about General Insurance Corporation of India

I send you an email if I find something interesting about General Insurance Corporation of India.


Comments

How you think about this?

Leave a comment

Stay informed about General Insurance Corporation of India.

Receive notifications about General Insurance Corporation of India in your mailbox!