HERITAGE INSURANCE HOLDINGS (HRTG) Stock Technical Analysis
NYSE:HRTG - New York Stock Exchange, Inc. - US42727J1025 - Common Stock - Currency: USD
Overall HRTG gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month HRTG has a been trading in the 21.80 - 25.80 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, HRTG did better than 98% of all other stocks. On top of that, HRTG also shows a nice and consistent pattern of rising prices.
HRTG is part of the Insurance industry. There are 143 other stocks in this industry. HRTG outperforms 99% of them.
HRTG 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 HRTG is performing more or less in line with the market.
Besides having an excellent technical rating, HRTG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
12.22
25.72
3 important support areas can be observed.
- A support zone ranging from 22.32 to 22.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.78 from a trend line in the daily time frame.
- Support @12.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @25.47 from a horizontal line in the daily time frame.
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 HRTG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HRTG is neutral. |
| ChartMill Relative Strength | 98.4 | POSITIVE | HRTG has a high relative strength, it outperformed 98.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HRTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HRTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.61 | NEUTRAL | The RSI value for HRTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests HRTG has a negative trend. |
| Stochastics (14,3) | 23.58 | NEUTRAL | The Stochastics value for HRTG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for HRTG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.33 | NEGATIVE | The low ADX value for HRTG 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.49 | 22.31 | 1.18 (5.04%) | 19.84% |
| An entry @23.49. This is a Buy Stop order right above the 10 day moving average. | An exit @22.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.18 points, which is 5.04%. | For a 1.00% total portfolio risk, you can invest 19.84% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HRTG. Please evaluate whether better entry and exit points can be found.
- 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.
22.33
-0.16 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.71%
1 Week-3.96%
2 Weeks-7.15%
1 Month-9.74%
3 Month64.55%
6 Month88.92%
12 Month210.14%
2 Year480%
3 Year745.83%
5 Year70.59%
10 Year-2.87%
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%5.41%
ATR Inc-28.67%
Range Today0.73
ADR(20)1.16
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.4
Mansfield5.39
10 Day High25.08
10 Day Low21.8
20 Day High25.8
20 Day Low21.8
52 Week High26.64
52 Week Low6.14
CS1 End22.32
CR1 Start25.47
Volume & EV
DER(3)1.34%
DER(5)0.59%
Volume378.70K
Volume Incr-23.91%
Vol(5)391.26K
Vol(50)504.66K