HARTFORD INSURANCE GROUP INC (HIG) Technical Analysis
NYSE:HIG • US4165151048
Current stock price
HIG Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to HIG. In the last year, HIG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- HIG is one of the better performing stocks in the Insurance industry, it outperforms 78% of 148 stocks in the same industry.
- 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 130.75 - 141.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- HIG has an average volume of 1597730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, HIG outperforms 56% of them, which is more or less in line with the market.
HIG Weekly and Daily overview Charts
HIG Setup Rating and Analysis
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
HIG Support and Resistance Analysis
118.53
4 important support areas can be observed.
- A support zone ranging from 132.77 to 136.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 128.84 to 129.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @126.25 from a trend line in the daily time frame.
- A support zone ranging from 119.73 to 124.17. 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 137.92 to 139.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 142.57 to 143.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
HIG Technical Indicator Signal Analysis
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 | 56.21 | 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) | UP | MIXED | The current price of HIG is below 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) | 52.13 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests HIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.05 | OVERBOUGHT | The high Stochastics value suggests HIG may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 17.54 | NEGATIVE | The low ADX value for HIG suggests a weak or negative trend. |
HIG Chart- and CandleStick Pattern Analysis
HIG Technicals: Chart, Performance Metrics, Trend & Indicators
137.23
-3.17 (-2.26%)
HARTFORD INSURANCE GROUP INC / HIG TA FAQ
What is the ChartMill technical rating of HARTFORD INSURANCE GROUP INC (HIG) stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
Can you provide the RSI signal for HARTFORD INSURANCE GROUP INC?
HARTFORD INSURANCE GROUP INC (HIG) has an RSI value of 52.1304. This indicates that the stock is currently neutral.
What is the MACD signal for HIG stock?
The MACD indicator for HARTFORD INSURANCE GROUP INC (HIG) has a value of 0.640672, indicating a bearish trend.