DONEGAL GROUP INC-CL A (DGICA) Stock Technical Analysis
USA - NASDAQ:DGICA - US2577012014 - Common Stock
19.37 USD
+0.01 (+0.05%)
We assign a technical rating of 8 out of 10 to DGICA. In the last year, DGICA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DGICA is one of the better performing stocks in the market, outperforming 74% of all stocks.
DGICA is part of the Insurance industry. There are 146 other stocks in this industry. DGICA outperforms 78% of them.
DGICA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DGICA is lagging the market slightly.
DGICA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DGICA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.43. Right above this resistance zone may be a good entry point.
More info and screens
16.58
21.07
We found 2 important support areas.
- Support @17.40 from a trend line in the daily time frame.
- A support zone ranging from 16.75 to 16.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.43 to 20.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 20.66 to 20.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DGICA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DGICA is up. |
| ChartMill Relative Strength | 74.11 | POSITIVE | DGICA has a high relative strength, it outperformed 74.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DGICA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DGICA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DGICA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.32 | NEUTRAL | The RSI value for DGICA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DGICA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.02 | OVERBOUGHT | The high Stochastics value suggests DGICA may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for DGICA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for DGICA suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.03 | 18.70 | 1.33 (6.64%) | 15.06% |
| An entry @20.03. This is a Buy Stop order right above the resistance zone. | An exit @18.70. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.33 points, which is 6.64%. | When investing 15.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:DGICA (9/23/2025, 9:40:09 AM)
19.37
+0.01 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.05%
1 Week0.62%
2 Weeks0.36%
1 Month10.06%
3 Month-2.91%
6 Month-0.26%
12 Month31.88%
2 Year35.81%
3 Year43.51%
5 Year37.6%
10 Year37.7%
15 Year48.13%
Volatility
ATR(14)0.55
ATR(20)%2.48%
ATR Inc-5.15%
Range Today0.19
ADR(20)0.47
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.11
Mansfield-0.02
10 Day High19.74
10 Day Low18.71
20 Day High19.74
20 Day Low17.31
52 Week High21.12
52 Week Low14.12
CS1 End17.4
CR1 Start19.43
Volume & EV
DER(3)1.77%
DER(5)0.37%
Volume475
Volume Incr26.54%
Vol(5)184.40K
Vol(50)159.29K