HARTFORD INSURANCE GROUP INC (HIG) Stock Technical Analysis
USA - NYSE:HIG - US4165151048 - Common Stock
Overall HIG gets a technical rating of 3 out of 10. 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.
The technical rating of HIG is bad and it also does not present a 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
117.92
2 important support areas can be observed.
- A support zone ranging from 122.36 to 126.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 119.11 to 119.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 127.95 to 131.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 134.02 to 134.71. 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 | 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 | 60.17 | 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) | DOWN | NEGATIVE | The current price of HIG is below a declining 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) | 53.4 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests HIG has a positive trend. |
| Stochastics (14,3) | 57.07 | NEUTRAL | The Stochastics value for HIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 25.42 | POSITIVE | The high ADX value value for HIG suggests a strong trend. |
127.94
+3.67 (+2.95%)
HARTFORD INSURANCE GROUP INC / HIG FAQ
What is the ChartMill technical rating of HARTFORD INSURANCE GROUP INC (HIG) stock?
ChartMill assigns a technical rating of 3 / 10 to HIG.
Can you provide the trend direction for HARTFORD INSURANCE GROUP INC?
The current trend direction for HARTFORD INSURANCE GROUP INC (HIG) is Bearish.
What is the RSI signal for HARTFORD INSURANCE GROUP INC (HIG) stock?
HARTFORD INSURANCE GROUP INC (HIG) has an RSI value of 53.3971. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HARTFORD INSURANCE GROUP INC?
The short term momentum for HARTFORD INSURANCE GROUP INC (HIG) is neutral.
Can you provide the support and resistance levels for HARTFORD INSURANCE GROUP INC?
HARTFORD INSURANCE GROUP INC (HIG) has a support level at 126.16 and a resistance level at 127.95. Check the full technical report for our detailed analysis of HIG support and resistance levels.