HAGERTY INC-A (HGTY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HGTY - US4051661092 - Common Stock
Taking everything into account, HGTY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HGTY has proven to be a steady performer, scoring decent points in every aspect analyzed.
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
6 important support areas can be observed.
- A support zone ranging from 13.02 to 13.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.39 to 12.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.88 from a trend line in the weekly time frame.
- Support @11.67 from a trend line 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.83 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 | UP | POSITIVE | The short term trend for HGTY is up. |
| ChartMill Relative Strength | 87.9 | POSITIVE | HGTY has a high relative strength, it outperformed 87.9% 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) | 66.95 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HGTY has a positive trend. |
| Stochastics (14,3) | 90.34 | OVERBOUGHT | The high Stochastics value suggests HGTY may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.48 | NEGATIVE | The low ADX value for HGTY suggests a weak or negative trend. |
13.82
+0.26 (+1.92%)
HAGERTY INC-A / HGTY FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 10 / 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 66.9521. 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 positive.
Can you provide the support and resistance levels for HAGERTY INC-A?
HAGERTY INC-A (HGTY) has a support level at 13.21 and a resistance level at 13.83. Check the full technical report for our detailed analysis of HGTY support and resistance levels.