HARTFORD FINANCIAL SVCS GRP (HIG)

US4165151048 - Common Stock

118.59  +0.1 (+0.08%)

After market: 118.59 0 (0%)

Technical Rating and Analysis

10

Overall HIG gets a technical rating of 10 out of 10. 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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HIG did better than 90% of all other stocks. On top of that, HIG also shows a nice and consistent pattern of rising prices.
HIG is part of the Insurance industry. There are 141 other stocks in this industry. HIG outperforms 90% of them.
A new 52 week high is currently being made by HIG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HIG has a been trading in the 113.53 - 120.36 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
HIG has an average volume of 1380600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
HIG Weekly chart
HIG Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, HIG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 118.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 116.94, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

98.75

119.79

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 113.68 to 116.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @110.19 from a trend line in the weekly time frame.
  • Support @103.83 from a trend line in the weekly time frame.
  • A support zone ranging from 99.75 to 100.97. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 118.60 to 118.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.24
Mansfield0.87
10 Day High120.36
10 Day Low113.53
20 Day High120.36
20 Day Low113.53
52 Week High120.36
52 Week Low68.92
Performance
1 Week2.57%
2 Weeks0.53%
1 Month1.3%
3 Month17.29%
6 Month19.85%
12 Month68.48%
2 Year63.78%
3 Year62.61%
5 Year107.76%
10 Year199.62%
15 Year383.65%
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)61.18
LBB114.78
UBB119.26
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
118.61113.525.09 (4.29%)23.30%
An entry @118.61. This is a Buy Stop order right above the resistance zone.An exit @113.52. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.09 points, which is 4.29%.For a 1.00% total portfolio risk, you can invest 23.30% 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.
HIG Daily chart

HARTFORD FINANCIAL SVCS GRP

NYSE:HIG (10/15/2024, 8:04:00 PM)

After market: 118.59 0 (0%)

118.59

+0.1 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.08%
1 Week2.57%
2 Weeks0.53%
1 Month1.3%
3 Month17.29%
6 Month19.85%
12 Month68.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.15
ATR(20)%1.61%
ATR Inc
Range Today2.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High120.36
10 Day Low113.53
20 Day High120.36
20 Day Low113.53
52 Week High120.36
52 Week Low68.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.27M
Volume Incr-8.32%
Vol(5)1.31M
Vol(50)1.38M