EMPLOYERS HOLDINGS INC (EIG)
US2922181043 - Common Stock
Taking everything into account, EIG scores 3 out of 10 in our technical rating. EIG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, EIG outperforms 59% of them, which is more or less in line with the market.
EIG is an average performer in the Insurance industry, it outperforms 53% of 141 stocks in the same industry.
EIG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EIG is lagging the market slightly.
In the last month EIG has a been trading in the 38.67 - 44.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EIG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
35.75
46.83
5 important support areas can be observed.
- Support @42.48 from a horizontal line in the daily time frame.
- Support @41.70 from a trend line in the daily time frame.
- Support @39.79 from a horizontal line in the daily time frame.
- Support @38.90 from a trend line in the weekly time frame.
- Support @36.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.06 to 44.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.39 to 46.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.55
Mansfield-0.38
10 Day High44.98
10 Day Low38.67
20 Day High44.98
20 Day Low38.67
52 Week High46.78
52 Week Low35.43
Performance
1 Week-2.95%
2 Weeks-3.72%
1 Month-3.35%
3 Month4.76%
6 Month9.99%
12 Month10.05%
2 Year3.14%
3 Year1.21%
5 Year2.82%
10 Year103.09%
15 Year249.8%
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)-0.07
RSI(14)42.25
LBB41.87
UBB45.07
EMPLOYERS HOLDINGS INC
NYSE:EIG (5/3/2024, 4:29:57 PM)
After market: 42.71 0 (0%)42.71
-0.49 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.13%
1 Week-2.95%
2 Weeks-3.72%
1 Month-3.35%
3 Month4.76%
6 Month9.99%
12 Month10.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%2.34%
ATR Inc
Range Today0.86
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 High44.98
10 Day Low38.67
20 Day High44.98
20 Day Low38.67
52 Week High46.78
52 Week Low35.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume119.84K
Volume Incr36.15%
Vol(5)172.67K
Vol(50)138.24K