HERITAGE INSURANCE HOLDINGS (HRTG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HRTG - US42727J1025 - Common Stock
Overall HRTG gets a technical rating of 6 out of 10. HRTG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
HRTG has an average technical rating and the quality of the presented setup is also not ideal 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.
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22.71
3 important support areas can be observed.
- A support zone ranging from 26.23 to 26.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.17 to 25.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.94 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @26.60 from a trend line in the weekly time frame.
- Resistance @29.08 from a horizontal line in the weekly time frame.
- Resistance @30.17 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 | NEUTRAL | NEUTRAL | The long term trend for HRTG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HRTG is down. |
| ChartMill Relative Strength | 95.35 | POSITIVE | HRTG has a high relative strength, it outperformed 95.35% 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) | 41.29 | NEUTRAL | The RSI value for HRTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests HRTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.65 | NEUTRAL | The Stochastics value for HRTG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for HRTG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for HRTG suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 26.61 | 26.22 | 0.39 (1.47%) | 25.00% |
| An entry @26.61. This is a Buy Stop order right above the resistance zone. | An exit @26.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.39 points, which is 1.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- 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.
26.6
-0.63 (-2.31%)
HERITAGE INSURANCE HOLDINGS / HRTG FAQ
What is the ChartMill technical rating of HERITAGE INSURANCE HOLDINGS (HRTG) stock?
ChartMill assigns a technical rating of 6 / 10 to HRTG.
What is the current trend direction of HERITAGE INSURANCE HOLDINGS (HRTG) stock?
The current trend direction for HERITAGE INSURANCE HOLDINGS (HRTG) is Bearish.
What is the RSI signal for HERITAGE INSURANCE HOLDINGS (HRTG) stock?
HERITAGE INSURANCE HOLDINGS (HRTG) has an RSI value of 41.291. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HERITAGE INSURANCE HOLDINGS?
The MACD indicator for HERITAGE INSURANCE HOLDINGS (HRTG) has a value of -0.373555, indicating a bearish trend.