HARTFORD INSURANCE GROUP INC (HIG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HIG - US4165151048 - Common Stock
We assign a technical rating of 9 out of 10 to HIG. Both in the recent history as in the last year, HIG has proven to be a steady performer, scoring decent points in every aspect analyzed.
HIG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 135.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
118.53
3 important support areas can be observed.
- A support zone ranging from 134.00 to 135.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 121.78 to 128.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 137.57 to 139.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 HIG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIG is neutral. |
| ChartMill Relative Strength | 75.26 | POSITIVE | HIG has a high relative strength, it outperformed 75.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HIG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIG is above 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) | 49.38 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests HIG has a negative trend. |
| Stochastics (14,3) | 34.03 | NEUTRAL | The Stochastics value for HIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for HIG suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 137.61 | 134.72 | 2.89 (2.10%) | 25.00% |
| An entry @137.61. This is a Buy Stop order right above the 10 day moving average. | An exit @134.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.89 points, which is 2.10%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
136.26
-1.65 (-1.2%)
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 9 / 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 Bullish.
What is the RSI signal for HIG stock?
HARTFORD INSURANCE GROUP INC (HIG) has an RSI value of 49.3753. This indicates that the stock is currently neutral.
What is the short term momentum for HARTFORD INSURANCE GROUP INC (HIG) stock?
The short term momentum for HARTFORD INSURANCE GROUP INC (HIG) is neutral.
What is the support and resistance level for HIG stock?
HARTFORD INSURANCE GROUP INC (HIG) has a support level at 135.68 and a resistance level at 137.57. Check the full technical report for our detailed analysis of HIG support and resistance levels.