HAGERTY INC-A (HGTY) Stock Technical Analysis
NYSE:HGTY • US4051661092
Overall HGTY gets a technical rating of 1 out of 10. HGTY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month HGTY has a been trading in the 11.32 - 12.93 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 45% of all stocks.
- HGTY is part of the Insurance industry. There are 149 other stocks in this industry, HGTY did better than 68% of them.
- HGTY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HGTY is lagging the market.
HGTY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
8.36
When analyzing the support we can see 4 important areas.
- Support @11.73 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.38 to 11.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.77 from a horizontal line in the daily time frame.
- Support @8.44 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.07 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.69 to 13.73. 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 | NEUTRAL | NEUTRAL | The long term trend for HGTY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HGTY is down. |
| ChartMill Relative Strength | 45.93 | 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) | 42.25 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HGTY has a positive trend. |
| Stochastics (14,3) | 32.58 | NEUTRAL | The Stochastics value for HGTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 26.27 | POSITIVE | The high ADX value value for HGTY suggests a strong trend. |
11.74
-0.35 (-2.89%)
HAGERTY INC-A / HGTY FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 1 / 10 to HGTY.
What is the trend direction for HGTY stock?
The current trend direction for HAGERTY INC-A (HGTY) is Bearish.
What is the RSI signal for HGTY stock?
HAGERTY INC-A (HGTY) has an RSI value of 42.2526. 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 0.000978181, 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 11.73 and a resistance level at 12.07. Check the full technical report for our detailed analysis of HGTY support and resistance levels.