HAMILTON INSURANCE GROU-CL B (HG) Stock Technical Analysis
USA - NYSE:HG - BMG427061046 - Common Stock
23.74 USD
+0.21 (+0.89%)
23.74 USD
0 (0%)
Taking everything into account, HG scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month HG has a been trading in the 23.33 - 25.37 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, HG did better than 82% of all other stocks. We also observe that the gains produced by HG over the past year are nicely spread over this period.
HG is part of the Insurance industry. There are 147 other stocks in this industry. HG outperforms 89% of them.
HG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HG is lagging the market slightly.
Besides having an excellent technical rating, HG also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
16.87
25.21
4 important support areas can be observed.
- Support @21.58 from a horizontal line in the daily time frame.
- A support zone ranging from 20.53 to 20.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.79 from a trend line in the weekly time frame.
- Support @17.04 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.77 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for HG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HG is neutral. |
| ChartMill Relative Strength | 82.49 | POSITIVE | HG has a high relative strength, it outperformed 82.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HG is below 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) | 44.9 | NEUTRAL | The RSI value for HG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests HG has a negative trend. |
| Stochastics (14,3) | 23.29 | NEUTRAL | The Stochastics value for HG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for HG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.32 | NEGATIVE | The low ADX value for HG suggests a weak or negative 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)
23.74
+0.21 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.89%
1 Week-0.63%
2 Weeks-3.38%
1 Month-2.63%
3 Month12.41%
6 Month27.91%
12 Month26.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.39%
ATR Inc38.67%
Range Today0.55
ADR(20)0.55
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.49
Mansfield0.49
10 Day High25.19
10 Day Low23.33
20 Day High25.37
20 Day Low23.33
52 Week High25.37
52 Week Low16.8
CS1 End21.58
CR1 Start23.77
Volume & EV
DER(3)-14.65%
DER(5)-6.86%
Volume587.90K
Volume Incr-11.77%
Vol(5)336.44K
Vol(50)440.11K