HAMILTON INSURANCE GROU-CL B (HG) Stock Technical Analysis
NYSE:HG • BMG427061046
We assign a technical rating of 10 out of 10 to HG. Both in the recent history as in the last year, HG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HG did better than 90% 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 one of the better performing stocks in the Insurance industry, it outperforms 100% of 149 stocks in the same industry.
- HG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HG has a been trading in the 26.05 - 31.60 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although HG has an excellent technical rating, it does not present a decent entry opportunity 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
21.04
4 important support areas can be observed.
- A support zone ranging from 26.88 to 27.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.25 from a horizontal line in the daily time frame.
- A support zone ranging from 25.61 to 25.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.25 from a trend 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 | 90.89 | POSITIVE | HG has a high relative strength, it outperformed 90.89% 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) | 77.58 | OVERBOUGHT | The high RSI value suggests HG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests HG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.25 | OVERBOUGHT | The high Stochastics value suggests HG may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for HG suggests some volalility. |
| Average Directional Index/ADX (14) | 31.14 | POSITIVE | The high ADX value value for HG suggests a strong trend. |
30.91
-0.1 (-0.32%)
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 trend direction for 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 77.584. This indicates that the stock is currently overbought.
Can you provide the MACD signal for HAMILTON INSURANCE GROU-CL B?
The MACD indicator for HAMILTON INSURANCE GROU-CL B (HG) has a value of 0.316883, indicating a bearish trend.
What is the buy/sell signal for HAMILTON INSURANCE GROU-CL B (HG) stock?
The buy/sell signal for HAMILTON INSURANCE GROU-CL B (HG) is buy as both the short term and long term trends are positive.