HARTFORD INSURANCE GROUP INC (HIG) Stock Technical Analysis
NYSE:HIG - New York Stock Exchange, Inc. - US4165151048 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to HIG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HIG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
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 one of the better performing stocks in the Insurance industry, it outperforms 84% of 143 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.
HIG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HIG has an average volume of 1648180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HIG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
105.99
133.00
3 important support areas can be observed.
- Support @116.97 from a trend line in the weekly time frame.
- A support zone ranging from 109.83 to 113.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @107.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 129.35 to 131.68. 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 | UP | POSITIVE | The short term trend for HIG is up. |
| ChartMill Relative Strength | 90.02 | POSITIVE | HIG has a high relative strength, it outperformed 90.02% off all stocks 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) | 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) | 59.83 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HIG has a negative trend. |
| Stochastics (14,3) | 64.09 | NEUTRAL | The Stochastics value for HIG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 17.6 | 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)
128.92
-0.13 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.1%
1 Week-1.68%
2 Weeks1.1%
1 Month8.56%
3 Month15.69%
6 Month6.79%
12 Month27.29%
2 Year88.15%
3 Year77.8%
5 Year236.69%
10 Year213.6%
15 Year414.24%
Volatility
ATR(14)2.06
ATR(20)%1.74%
ATR Inc-24.16%
Range Today1.46
ADR(20)2.19
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.02
Mansfield1.14
10 Day High132.09
10 Day Low125.22
20 Day High132.09
20 Day Low118.81
52 Week High132.09
52 Week Low98.16
CS1 End116.97
CR1 Start129.35
Volume & EV
DER(3)-2.57%
DER(5)-1.34%
Volume1.47M
Volume Incr-15.76%
Vol(5)1.33M
Vol(50)1.65M