HAGERTY INC-A (HGTY) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HGTY • US4051661092
Overall HGTY gets a technical rating of 2 out of 10. In the last year, HGTY was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- HGTY is part of the Insurance industry. There are 147 other stocks in this industry. HGTY outperforms 84% of them.
- HGTY 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 HGTY is lagging the market slightly.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, HGTY turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- In the last month HGTY has a been trading in the 12.05 - 13.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
HGTY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.37, a Stop Loss order could be placed below this zone.
More info and screens
8.36
3 important support areas can be observed.
- A support zone ranging from 12.27 to 12.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.71 to 10.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.40 to 12.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.69 to 13.83. This zone is formed by a combination of multiple trend lines 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 HGTY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HGTY is down. |
| ChartMill Relative Strength | 67.81 | NEUTRAL | HGTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HGTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HGTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HGTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.61 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HGTY has a negative trend. |
| Stochastics (14,3) | 50.3 | NEUTRAL | The Stochastics value for HGTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.69 | NEUTRAL | The ADX value for HGTY suggests a possible start of a new trend. |
12.38
-0.3 (-2.37%)
HAGERTY INC-A / HGTY FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 2 / 10 to HGTY.
What is the trend direction for HGTY stock?
The current trend direction for HAGERTY INC-A (HGTY) is Bullish.
What is the RSI signal for HGTY stock?
HAGERTY INC-A (HGTY) has an RSI value of 41.6148. This indicates that the stock is currently neutral.
What is the MACD signal for HGTY stock?
The MACD indicator for HAGERTY INC-A (HGTY) has a value of -0.0181443, indicating a bearish trend.
Can you provide the support and resistance levels for HAGERTY INC-A?
HAGERTY INC-A (HGTY) has a support level at 12.37 and a resistance level at 12.4. Check the full technical report for our detailed analysis of HGTY support and resistance levels.