HAGERTY INC-A (HGTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HGTY - US4051661092 - Common Stock
Overall HGTY gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HGTY is showing a nice and steady performance.
Besides having an excellent technical rating, HGTY also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.73. Right above this resistance zone may be a good entry point.
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8.36
When analyzing the support we can see 7 important areas.
- A support zone ranging from 12.61 to 12.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.39 from a horizontal line in the daily time frame.
- Support @11.97 from a trend line in the weekly time frame.
- Support @11.77 from a trend line in the daily time frame.
- Support @10.77 from a horizontal line in the daily time frame.
- Support @10.57 from a trend 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 13.73 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 | NEUTRAL | NEUTRAL | The short term trend for HGTY is neutral. |
| ChartMill Relative Strength | 86.51 | POSITIVE | HGTY has a high relative strength, it outperformed 86.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HGTY is above 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) | 50.8 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HGTY has a negative trend. |
| Stochastics (14,3) | 56.38 | NEUTRAL | The Stochastics value for HGTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.55 | NEGATIVE | The low ADX value for HGTY suggests a weak or negative 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 |
|---|---|---|---|
| 13.42 | 12.76 | 0.66 (4.89%) | 20.45% |
| An entry @13.42. This is a Buy Stop order right above the 10 day moving average. | An exit @12.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.66 points, which is 4.89%. | When investing 20.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
13.15
-0.29 (-2.16%)
HAGERTY INC-A / HGTY FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 9 / 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 50.8015. 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 -0.00245156, 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 12.75 and a resistance level at 13.73. Check the full technical report for our detailed analysis of HGTY support and resistance levels.