HAMILTON INSURANCE GROU-CL B (HG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HG - BMG427061046 - Common Stock
Overall HG gets a technical rating of 10 out of 10. 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.
Besides having an excellent technical rating, HG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 27.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.87
We found 8 important support areas.
- A support zone ranging from 27.33 to 27.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.68 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.17 from a trend line in the weekly time frame.
- Support @24.59 from a trend line in the daily time frame.
- Support @23.47 from a horizontal line in the daily time frame.
- Support @21.58 from a horizontal line in the daily time frame.
- Support @20.56 from a trend line in the weekly time frame.
- 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 | 88.94 | POSITIVE | HG has a high relative strength, it outperformed 88.94% 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) | 65.52 | NEUTRAL | The RSI value for HG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HG has a positive trend. |
| Stochastics (14,3) | 78.06 | NEUTRAL | The Stochastics value for HG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.29 | NEUTRAL | The ADX value for HG suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.71 | 27.32 | 1.39 (4.85%) | 20.64% |
| An entry @28.71. This is a Buy Stop order right above the 10 day high. | An exit @27.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.39 points, which is 4.85%. | For a 1.00% total portfolio risk, you can invest 20.64% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.25
-0.01 (-0.04%)
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 65.5223. 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 0.0498152, 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.