EMPLOYERS HOLDINGS INC (EIG) Stock Technical Analysis
NYSE:EIG - New York Stock Exchange, Inc. - US2922181043 - Common Stock - Currency: USD
Overall EIG gets a technical rating of 1 out of 10. EIG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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 performance of all stocks over the past year, EIG turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
EIG is part of the Insurance industry. There are 144 other stocks in this industry, EIG did better than 44% of them.
EIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EIG is lagging the market.
In the last month EIG has a been trading in a tight range between 45.97 and 48.57.
EIG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.80, a Stop Loss order could be placed below this zone.
More info and screens
45.61
54.12
When analyzing the support we notice one important area.
- A support zone ranging from 46.07 to 47.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 47.48 to 48.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.45 to 49.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 51.41 to 52.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 53.38 to 53.58. 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 | DOWN | NEGATIVE | The long term trend for EIG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIG is neutral. |
| ChartMill Relative Strength | 40.65 | NEUTRAL | EIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EIG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.88 | NEUTRAL | The RSI value for EIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests EIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.08 | NEUTRAL | The Stochastics value for EIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for EIG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.95 | NEUTRAL | The ADX value for EIG 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)
NYSE:EIG (7/3/2025, 10:38:11 AM)
47.36
+0.57 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.22%
1 Week1.52%
2 Weeks0.52%
1 Month-3.53%
3 Month-2.64%
6 Month-6.44%
12 Month10.96%
2 Year21.12%
3 Year17.83%
5 Year43.88%
10 Year94.96%
15 Year201.09%
Volatility
ATR(14)0.79
ATR(20)%1.71%
ATR Inc57.05%
Range Today0.53
ADR(20)0.77
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.65
Mansfield-1.1
10 Day High47.86
10 Day Low45.97
20 Day High48.57
20 Day Low45.97
52 Week High54.44
52 Week Low42.05
CS1 End46.8
CR1 Start48.07
Volume & EV
DER(3)0.19%
DER(5)-0.33%
Volume16.07K
Volume Incr31.97%
Vol(5)214.92K
Vol(50)166.98K