HARTFORD INSURANCE GROUP INC (HIG) Stock Technical Analysis
NYSE:HIG - New York Stock Exchange, Inc. - US4165151048 - Common Stock - Currency: USD
Overall HIG gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HIG is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
HIG is part of the Insurance industry. There are 143 other stocks in this industry. HIG outperforms 75% of them.
HIG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HIG is lagging the market slightly.
In the last month HIG has a been trading in the 119.61 - 129.79 range, which is quite wide. It is currently trading near the high of this range.
HIG has an average volume of 1613010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HIG turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
HIG has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
105.99
133.00
4 important support areas can be observed.
- A support zone ranging from 120.94 to 125.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 114.90 to 115.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 109.83 to 110.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @107.06 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 131.13 to 131.68. 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 | UP | POSITIVE | The long term trend for HIG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIG is up. |
| ChartMill Relative Strength | 62.02 | NEUTRAL | HIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HIG is above 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) | 59.68 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests HIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.38 | OVERBOUGHT | The high Stochastics value suggests HIG may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for HIG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
128.16
+0.95 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.75%
1 Week4.2%
2 Weeks3.9%
1 Month5.97%
3 Month0.5%
6 Month12.9%
12 Month18.45%
2 Year78.45%
3 Year99.28%
5 Year216.84%
10 Year178.91%
15 Year535.4%
Volatility
ATR(14)2.31
ATR(20)%1.81%
ATR Inc-6.95%
Range Today1.38
ADR(20)2.22
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.02
Mansfield-0.07
10 Day High129.79
10 Day Low120.95
20 Day High129.79
20 Day Low119.61
52 Week High132.09
52 Week Low104.93
CS1 End125.59
CR1 Start131.13
Volume & EV
DER(3)-0.53%
DER(5)-0.22%
Volume954.40K
Volume Incr-18.26%
Vol(5)1.36M
Vol(50)1.61M