DONEGAL GROUP INC-CL A (DGICA)

US2577012014 - Common Stock

13.381  -0.07 (-0.51%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to DGICA. DGICA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DGICA is a bad performer in the overall market: 74% of all stocks are doing better.
DGICA is part of the Insurance industry. There are 141 other stocks in this industry, of which 75% are performing better than DGICA.
DGICA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DGICA is lagging the market.
In the last month DGICA has a been trading in the 13.19 - 14.28 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
DGICA Weekly chart
DGICA Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, DGICA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DGICA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

13.08

15.43

We found 1 important support area.

  • A support zone ranging from 13.21 to 13.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 13.67 to 14.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 14.89 to 15.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.53
Mansfield-1.57
10 Day High14.1
10 Day Low13.19
20 Day High14.28
20 Day Low13.19
52 Week High15.76
52 Week Low13.1
Performance
1 Week-4.07%
2 Weeks0.98%
1 Month-4.88%
3 Month-9.79%
6 Month-4.75%
12 Month-4.47%
2 Year-0.59%
3 Year-12.83%
5 Year-0.37%
10 Year-8.88%
15 Year-8.13%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)43.65
LBB13.14
UBB14.1
DGICA Daily chart

DONEGAL GROUP INC-CL A

NASDAQ:DGICA (4/29/2024, 12:46:09 PM)

13.381

-0.07 (-0.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.51%
1 Week-4.07%
2 Weeks0.98%
1 Month-4.88%
3 Month-9.79%
6 Month-4.75%
12 Month-4.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%2.31%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.1
10 Day Low13.19
20 Day High14.28
20 Day Low13.19
52 Week High15.76
52 Week Low13.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.74K
Volume Incr1.79%
Vol(5)46.32K
Vol(50)62.43K