EMPLOYERS HOLDINGS INC (EIG) Stock Technical Analysis
NYSE:EIG - New York Stock Exchange, Inc. - US2922181043 - Common Stock - Currency: USD
Taking everything into account, EIG scores 4 out of 10 in our technical rating. Although EIG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that EIG is one of the better performing stocks in the market, outperforming 77% of all stocks.
In the last month EIG has a been trading in the 45.18 - 51.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
EIG is part of the Insurance industry. There are 143 other stocks in this industry, EIG did better than 59% of them.
EIG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, EIG does present a nice setup opportunity. 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 48.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.45, a Stop Loss order could be placed below this zone.
More info and screens
44.79
54.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.83 to 47.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.07 to 46.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.24 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 48.65 to 49.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.00 to 51.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 53.38 to 53.90. 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
CRS77.73
Mansfield0.45
10 Day High49.24
10 Day Low46.69
20 Day High51.48
20 Day Low45.18
52 Week High54.44
52 Week Low40.57
Performance
1 Week0.12%
2 Weeks2.04%
1 Month-4.47%
3 Month-1.2%
6 Month2.1%
12 Month10.25%
2 Year22.56%
3 Year23.34%
5 Year59.76%
10 Year98.77%
15 Year194.42%
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)0.1
RSI(14)48.2
LBB46.26
UBB49.48
48.52
-0.39 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.8%
1 Week0.12%
2 Weeks2.04%
1 Month-4.47%
3 Month-1.2%
6 Month2.1%
12 Month10.25%
2 Year22.56%
3 Year23.34%
5 Year59.76%
10 Year98.77%
15 Year194.42%
Volatility
ATR(14)1.35
ATR(20)%2.87%
ATR Inc-30.82%
Range Today0.95
ADR(20)1.35
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.73
Mansfield0.45
10 Day High49.24
10 Day Low46.69
20 Day High51.48
20 Day Low45.18
52 Week High54.44
52 Week Low40.57
CS1 End47.45
CR1 Start48.65
Volume & EV
DER(3)-0.94%
DER(5)-2.04%
Volume125.30K
Volume Incr-20.82%
Vol(5)163.56K
Vol(50)174.24K