HAGERTY INC-A (HGTY) Stock Technical Analysis
NYSE:HGTY - US4051661092 - Common Stock
10.85 USD
+0.02 (+0.18%)
10.85 USD
0 (0%)
Overall HGTY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HGTY is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
HGTY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
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 40% of all stocks.
HGTY is part of the Insurance industry. There are 143 other stocks in this industry, HGTY did better than 57% 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.
Besides having an excellent technical rating, HGTY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.99, a Stop Loss order could be placed below this zone.
More info and screens
8.36
10.96
5 important support areas can be observed.
- Support @9.99 from a horizontal line in the daily time frame.
- A support zone ranging from 9.33 to 9.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.10 from a horizontal line in the daily time frame.
- Support @8.64 from a trend line in the weekly time frame.
- Support @8.44 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 HGTY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HGTY is neutral. |
| ChartMill Relative Strength | 40.27 | NEUTRAL | HGTY is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of HGTY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.09 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HGTY has a negative trend. |
| Stochastics (14,3) | 78.33 | NEUTRAL | The Stochastics value for HGTY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 9.66 | NEGATIVE | The low ADX value for HGTY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 11.45 | 10.61 | 0.84 (7.34%) | 13.63% |
| An entry @11.45. This is a Buy Stop order right above the 10 day high. | An exit @10.61. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.84 points, which is 7.34%. | For a 1.00% total portfolio risk, you can invest 13.63% 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.
10.85
+0.02 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.18%
1 Week-0.82%
2 Weeks-1.54%
1 Month5.34%
3 Month11.63%
6 Month7.21%
12 Month-9.13%
2 Year18.71%
3 Year-3.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.84%
ATR Inc-54.89%
Range Today0.27
ADR(20)0.43
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.27
Mansfield-0.22
10 Day High11.44
10 Day Low10.62
20 Day High11.44
20 Day Low8.81
52 Week High12.11
52 Week Low8.03
CS1 End9.99
CR1 StartN/A
Volume & EV
DER(3)-0.26%
DER(5)0.12%
Volume154.40K
Volume Incr-70.04%
Vol(5)81.02K
Vol(50)156.39K