HAGERTY INC-A (HGTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HGTY - US4051661092 - Common Stock
Taking everything into account, HGTY scores 7 out of 10 in our technical rating. Although HGTY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although HGTY 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.
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8.36
When analyzing the support we can see 8 important areas.
- Support @12.61 from a horizontal line in the daily time frame.
- Support @11.61 from a trend line in the weekly time frame.
- Support @11.34 from a trend line in the daily time frame.
- Support @11.05 from a horizontal line in the weekly time frame.
- Support @10.77 from a horizontal line in the daily time frame.
- Support @10.35 from a trend line in the daily time frame.
- Support @9.10 from a horizontal line in the daily time frame.
- Support @8.44 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.70 to 13.74. 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 | NEUTRAL | NEUTRAL | The short term trend for HGTY is neutral. |
| ChartMill Relative Strength | 73.28 | POSITIVE | HGTY has a high relative strength, it outperformed 73.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HGTY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HGTY is above the rising 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) | 46.75 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests HGTY has a negative trend. |
| Stochastics (14,3) | 3.41 | OVERSOLD | The low Stochastics value suggests HGTY may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 26.05 | POSITIVE | The high ADX value value for HGTY suggests a strong trend. |
12.62
-0.12 (-0.94%)
HAGERTY INC-A / HGTY FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 7 / 10 to HGTY.
Can you provide the trend direction for HAGERTY INC-A?
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 46.747. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HAGERTY INC-A?
The short term momentum for HAGERTY INC-A (HGTY) is neutral.
Can you provide the support and resistance levels for HAGERTY INC-A?
HAGERTY INC-A (HGTY) has a support level at 12.61 and a resistance level at 13.7. Check the full technical report for our detailed analysis of HGTY support and resistance levels.