HARTFORD INSURANCE GROUP INC (HIG) Stock Technical Analysis
NYSE:HIG - New York Stock Exchange, Inc. - US4165151048 - Common Stock - Currency: USD
Taking everything into account, HIG scores 2 out of 10 in our technical rating. HIG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month HIG has a been trading in the 120.47 - 127.70 range, which is quite wide. It is currently trading near the lows of this range.
HIG is part of the Insurance industry. There are 145 other stocks in this industry. HIG outperforms 71% of them.
HIG has an average volume of 1584120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, HIG outperforms 61% of them, which is more or less in line with the market.
HIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIG is lagging the market.
HIG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
105.25
132.99
4 important support areas can be observed.
- Support @120.90 from a trend line in the weekly time frame.
- A support zone ranging from 113.71 to 114.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.89 from a horizontal line in the daily time frame.
- A support zone ranging from 106.31 to 107.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 123.68 to 126.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 131.12 to 131.67. 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 | DOWN | NEGATIVE | The short term trend for HIG is down. |
| ChartMill Relative Strength | 61.63 | NEUTRAL | HIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HIG is below 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) | 37.58 | NEUTRAL | The RSI value for HIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests HIG has a negative trend. |
| Stochastics (14,3) | 10.88 | OVERSOLD | The low Stochastics value suggests HIG may be oversold. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for HIG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for HIG suggests a possible start of a new 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)
120.94
-1.01 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.83%
1 Week-3.24%
2 Weeks-3.05%
1 Month-2.76%
3 Month4.21%
6 Month13.76%
12 Month18.86%
2 Year68.25%
3 Year87.59%
5 Year185.78%
10 Year154.34%
15 Year416.62%
Volatility
ATR(14)2.13
ATR(20)%1.68%
ATR Inc-33.16%
Range Today1.21
ADR(20)1.97
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.63
Mansfield-0.43
10 Day High127.55
10 Day Low120.47
20 Day High127.7
20 Day Low120.47
52 Week High132.09
52 Week Low101.02
CS1 End120.9
CR1 Start123.68
Volume & EV
DER(3)1.89%
DER(5)1.63%
Volume1.12M
Volume Incr-0.54%
Vol(5)1.51M
Vol(50)1.58M