DONEGAL GROUP INC-B (DGICB) Stock Technical Analysis
NASDAQ:DGICB - Nasdaq - US2577013004 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to DGICB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DGICB is showing a nice and steady performance.
Warning: DGICB has an average volume of 1646 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DGICB is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by DGICB over the past year are nicely spread over this period.
DGICB is one of the better performing stocks in the Insurance industry, it outperforms 90% of 142 stocks in the same industry.
DGICB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DGICB is leading the market.
In the last month DGICB has a been trading in the 15.86 - 18.46 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
DGICB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.65
18.17
6 important support areas can be observed.
- A support zone ranging from 16.70 to 16.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.95 to 16.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.41 from a trend line in the weekly time frame.
- Support @14.57 from a trend line in the daily time frame.
- Support @13.89 from a horizontal line in the daily time frame.
- Support @12.78 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.99 to 17.99. 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 DGICB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DGICB is up. |
| ChartMill Relative Strength | 91.25 | POSITIVE | DGICB has a high relative strength, it outperformed 91.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DGICB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DGICB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DGICB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.76 | NEUTRAL | The RSI value for DGICB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DGICB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.11 | NEUTRAL | The Stochastics value for DGICB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for DGICB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.28 | NEUTRAL | The ADX value for DGICB suggests a possible start of a new 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)
NASDAQ:DGICB (6/4/2025, 8:19:52 PM)
17.98
+1.18 (+7.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg7.02%
1 Week1.3%
2 Weeks3.33%
1 Month8.97%
3 Month24.21%
6 Month22.48%
12 Month39.37%
2 Year32.99%
3 Year12.52%
5 Year59.11%
10 Year-13.97%
15 Year7.34%
Volatility
ATR(14)0.75
ATR(20)%3.69%
ATR Inc75.46%
Range Today0
ADR(20)0.27
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.25
Mansfield2.07
10 Day High18.47
10 Day Low15.86
20 Day High18.47
20 Day Low15.86
52 Week High18.5
52 Week Low10.75
CS1 End16.75
CR1 Start17.99
Volume & EV
DER(3)8.33%
DER(5)-6.81%
Volume100
Volume Incr-64.08%
Vol(5)440
Vol(50)1.65K