HERITAGE INSURANCE HOLDINGS (HRTG) Stock Technical Analysis
USA - NYSE:HRTG - US42727J1025 - Common Stock
22.97 USD
-0.97 (-4.05%)
23.6004 USD
+0.63 (+2.74%)
Taking everything into account, HRTG scores 8 out of 10 in our technical rating. In the last year, HRTG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month HRTG has a been trading in the 22.88 - 28.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, HRTG did better than 94% 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 145 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 however is currently trading near a new high, so HRTG is lagging the market slightly.
Although HRTG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.51
25.65
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.84 to 22.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.93 from a trend line in the daily time frame.
- Support @20.58 from a horizontal line in the weekly time frame.
- Support @17.69 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.16 to 25.40. 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 HRTG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HRTG is neutral. |
| ChartMill Relative Strength | 94.13 | POSITIVE | HRTG has a high relative strength, it outperformed 94.13% 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 | MIXED | The current price of HRTG is below 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) | 42.86 | NEUTRAL | The RSI value for HRTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HRTG has a negative trend. |
| Stochastics (14,3) | 33.42 | NEUTRAL | The Stochastics value for HRTG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for HRTG suggests high volalility. |
| Average Directional Index/ADX (14) | 15.82 | 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)
22.97
-0.97 (-4.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-4.05%
1 Week-9.35%
2 Weeks-7%
1 Month-19.12%
3 Month6.84%
6 Month21.73%
12 Month127.2%
2 Year288.66%
3 Year1431.33%
5 Year143.33%
10 Year3.84%
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%6.17%
ATR Inc74.71%
Range Today1.19
ADR(20)1.37
ADR(20)%5.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.13
Mansfield1.76
10 Day High28
10 Day Low22.88
20 Day High28.78
20 Day Low22.88
52 Week High29.1
52 Week Low9.71
CS1 End22.96
CR1 Start25.16
Volume & EV
DER(3)-4.6%
DER(5)-3.6%
Volume449.30K
Volume Incr2.77%
Vol(5)663.04K
Vol(50)502.35K