HARTFORD INSURANCE GROUP INC (HIG) Technical Analysis
NYSE:HIG • US4165151048
Current stock price
HIG Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to HIG. HIG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- HIG is one of the better performing stocks in the Insurance industry, it outperforms 79% of 147 stocks in the same industry.
- HIG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HIG is performing more or less in line with the market.
- In the last month HIG has a been trading in the 130.75 - 139.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- HIG has an average volume of 1612590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, HIG outperforms 56% of them, which is more or less in line with the market.
HIG Weekly and Daily overview Charts
HIG Setup Rating and Analysis
HIG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 135.70, a Stop Loss order could be placed below this zone.
More info and screens
HIG Support and Resistance Analysis
118.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 132.30 to 135.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 128.63 to 129.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 119.73 to 126.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @139.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 142.57 to 143.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
HIG 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 | NEUTRAL | NEUTRAL | The long term trend for HIG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIG is neutral. |
| ChartMill Relative Strength | 56.95 | NEUTRAL | HIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HIG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HIG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.22 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests HIG has a positive trend. |
| Stochastics (14,3) | 74.91 | NEUTRAL | The Stochastics value for HIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for HIG suggests a weak or negative trend. |
HIG Chart- and CandleStick Pattern Analysis
HIG Technicals: Chart, Performance Metrics, Trend & Indicators
136.19
+1.54 (+1.14%)
HARTFORD INSURANCE GROUP INC / HIG TA FAQ
What is the ChartMill technical rating of HARTFORD INSURANCE GROUP INC (HIG) stock?
ChartMill assigns a technical rating of 4 / 10 to HIG.
What is the current trend direction of HARTFORD INSURANCE GROUP INC (HIG) stock?
The current trend direction for HARTFORD INSURANCE GROUP INC (HIG) is Bearish.
Can you provide the RSI signal for HARTFORD INSURANCE GROUP INC?
HARTFORD INSURANCE GROUP INC (HIG) has an RSI value of 51.2165. This indicates that the stock is currently neutral.
What is the MACD signal for HIG stock?
The MACD indicator for HARTFORD INSURANCE GROUP INC (HIG) has a value of 0.252946, indicating a bearish trend.