DONEGAL GROUP INC-B (DGICB)

US2577013004 - Common Stock

12.8  -0.11 (-0.85%)

Technical Rating and Analysis

0

Overall DGICB gets a technical rating of 0 out of 10. DGICB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DGICB is a bad performer in the overall market: 85% of all stocks are doing better.
DGICB is one of the lesser performing stocks in the Insurance industry. 85% of 141 stocks in the same industry do better.
DGICB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DGICB is lagging the market.
In the last month DGICB has a been trading in the 12.75 - 13.80 range, which is quite wide. It is currently trading near the lows of this range.
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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DGICB Weekly chart
DGICB Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, DGICB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.78, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

12.46

15.72

When analyzing the support we notice one important area.

  • A support zone ranging from 12.59 to 12.78. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 12.89 to 13.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 13.45 to 13.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @14.78 from a trend line in the weekly time frame.
  • A resistance zone ranging from 15.25 to 15.56. 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
CRS15.39
Mansfield-2.16
10 Day High13.3
10 Day Low12.75
20 Day High13.8
20 Day Low12.75
52 Week High16.75
52 Week Low12.5
Performance
1 Week0.39%
2 Weeks-5.11%
1 Month-2.44%
3 Month-16.34%
6 Month-8.57%
12 Month-20.45%
2 Year-20.6%
3 Year-13.34%
5 Year-10.49%
10 Year-48.53%
15 Year-24.35%
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)0.02
RSI(14)42.6
LBB12.47
UBB13.46
DGICB Daily chart

DONEGAL GROUP INC-B

NASDAQ:DGICB (5/3/2024, 3:30:00 PM)

12.8

-0.11 (-0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.85%
1 Week0.39%
2 Weeks-5.11%
1 Month-2.44%
3 Month-16.34%
6 Month-8.57%
12 Month-20.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%2.13%
ATR Inc
Range Today0
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 High13.3
10 Day Low12.75
20 Day High13.8
20 Day Low12.75
52 Week High16.75
52 Week Low12.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume143
Volume Incr-82.01%
Vol(5)308.6
Vol(50)1.65K