HAGERTY INC-A (HGTY) Technical Analysis
NYSE:HGTY • US4051661092
Current stock price
HGTY Technical Rating and Analysis
Taking everything into account, HGTY scores 0 out of 10 in our technical rating. HGTY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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: 72% of all stocks are doing better.
- HGTY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month HGTY has a been trading in the 10.03 - 11.42 range, which is quite wide. It is currently trading near the lows of this range.
- HGTY is part of the Insurance industry. There are 148 other stocks in this industry, HGTY did better than 53% of them.
HGTY Weekly and Daily overview Charts
HGTY Setup Rating and Analysis
HGTY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
HGTY Support and Resistance Analysis
10.12
We found 1 important support area.
- Support @10.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.54 to 10.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.07 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @11.37 from a horizontal line in the daily time frame.
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 | 28.33 | NEGATIVE | HGTY has a low relative strength, it was outperformed by 71.67% off all stocks 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) | 42.53 | NEUTRAL | The RSI value for HGTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HGTY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.84 | OVERSOLD | The low Stochastics value suggests HGTY may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for HGTY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for HGTY suggests a weak or negative trend. |
HGTY Chart- and CandleStick Pattern Analysis
HGTY Technicals: Chart, Performance Metrics, Trend & Indicators
10.34
+0.18 (+1.77%)
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 HAGERTY INC-A (HGTY) stock?
HAGERTY INC-A (HGTY) has an RSI value of 42.5279. This indicates that the stock is currently neutral.
What is the short term momentum for HGTY stock?
The short term momentum for HAGERTY INC-A (HGTY) is negative.
What are the support and resistance levels for HAGERTY INC-A (HGTY) stock?
HAGERTY INC-A (HGTY) has a support level at 10.22 and a resistance level at 10.54. Check the full technical report for our detailed analysis of HGTY support and resistance levels.