HAGERTY INC-A (HGTY) Technical Analysis
NYSE:HGTY • US4051661092
Current stock price
HGTY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HGTY. HGTY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HGTY is a bad performer in the overall market: 68% of all stocks are doing better.
- HGTY is an average performer in the Insurance industry, it outperforms 66% of 148 stocks in the same industry.
- HGTY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HGTY is lagging the market slightly.
- In the last month HGTY has a been trading in the 9.36 - 12.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
HGTY Weekly and Daily overview Charts
HGTY Setup Rating and Analysis
Although the technical rating is bad, HGTY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.57. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HGTY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HGTY Support and Resistance Analysis
9.37
2 important support areas can be observed.
- A support zone ranging from 10.19 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.46 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.57 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.37 to 11.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HGTY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for HGTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HGTY is down. |
| ChartMill Relative Strength | 32.58 | 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 | MIXED | The current price of HGTY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.31 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests HGTY has a positive trend. |
| Stochastics (14,3) | 55.14 | NEUTRAL | The Stochastics value for HGTY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for HGTY suggests high volalility. |
| Average Directional Index/ADX (14) | 26.73 | POSITIVE | The high ADX value value for HGTY suggests a strong trend. |
HGTY Chart- and CandleStick Pattern Analysis
HGTY Technicals: Chart, Performance Metrics, Trend & Indicators
10.56
+0.07 (+0.67%)
HAGERTY INC-A / HGTY TA FAQ
What is the technical rating for HGTY stock?
ChartMill assigns a technical rating of 0 / 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 44.3131. 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 0.0923802, 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 10.22 and a resistance level at 10.57. Check the full technical report for our detailed analysis of HGTY support and resistance levels.