HAMILTON INSURANCE GROU-CL B (HG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HG - BMG427061046 - Common Stock
We assign a technical rating of 10 out of 10 to HG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HG is showing a nice and steady performance.
Although HG has an excellent technical rating, it does not offer a high quality setup 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
16.87
5 important support areas can be observed.
- Support @24.53 from a trend line in the weekly time frame.
- A support zone ranging from 23.24 to 23.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.58 from a horizontal line in the daily time frame.
- A support zone ranging from 20.30 to 20.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.04 from a horizontal line in the weekly time frame.
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 HG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HG is up. |
| ChartMill Relative Strength | 88.67 | POSITIVE | HG has a high relative strength, it outperformed 88.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.58 | NEUTRAL | The RSI value for HG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.44 | OVERBOUGHT | The high Stochastics value suggests HG may be overbought. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for HG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.21 | POSITIVE | The high ADX value value for HG suggests a strong trend. |
27.28
-0.32 (-1.16%)
HAMILTON INSURANCE GROU-CL B / HG FAQ
What is the technical rating for HG stock?
ChartMill assigns a technical rating of 10 / 10 to HG.
What is the current trend direction of HAMILTON INSURANCE GROU-CL B (HG) stock?
The current trend direction for HAMILTON INSURANCE GROU-CL B (HG) is Bullish.
Can you provide the RSI signal for HAMILTON INSURANCE GROU-CL B?
HAMILTON INSURANCE GROU-CL B (HG) has an RSI value of 64.5752. This indicates that the stock is currently neutral.
What is the MACD signal for HG stock?
The MACD indicator for HAMILTON INSURANCE GROU-CL B (HG) has a value of 0.132833, indicating a bearish trend.
What is the short term momentum for HG stock?
The short term momentum for HAMILTON INSURANCE GROU-CL B (HG) is positive.