HAGERTY INC-A (HGTY) Stock Technical Analysis
USA - NYSE:HGTY - US4051661092 - Common Stock
Taking everything into account, HGTY scores 9 out of 10 in our technical rating. 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.
Although HGTY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.36
We found 8 important support areas.
- A support zone ranging from 11.72 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.33 to 11.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.77 to 10.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.15 from a trend line in the daily time frame.
- Support @9.99 from a horizontal line in the daily time frame.
- Support @9.46 from a horizontal line in the daily time frame.
- Support @8.74 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 | UP | POSITIVE | The short term trend for HGTY is up. |
| ChartMill Relative Strength | 81.45 | POSITIVE | HGTY has a high relative strength, it outperformed 81.45% 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) | 72.01 | OVERBOUGHT | The high RSI value suggests HGTY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests HGTY has a positive trend. |
| Stochastics (14,3) | 95.78 | OVERBOUGHT | The high Stochastics value suggests HGTY may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for HGTY suggests a possible start of a new trend. |
13.21
+0.27 (+2.09%)
HAGERTY INC-A / HGTY FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 9 / 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 72.0128. This indicates that the stock is currently overbought.
Can you provide the short term momentum for HAGERTY INC-A?
The short term momentum for HAGERTY INC-A (HGTY) is positive.
Can you provide the support and resistance levels for HAGERTY INC-A?
HAGERTY INC-A (HGTY) has a support level at 11.91. Check the full technical report for our detailed analysis of HGTY support and resistance levels.