HERITAGE INSURANCE HOLDINGS (HRTG) Stock Technical Analysis
NYSE:HRTG • US42727J1025
Overall HRTG gets a technical rating of 3 out of 10. Although HRTG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month HRTG has a been trading in the 24.23 - 27.50 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.
- When comparing the yearly performance of all stocks, we notice that HRTG is one of the better performing stocks in the market, outperforming 89% of all stocks.
- HRTG is one of the better performing stocks in the Insurance industry, it outperforms 98% of 149 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- HRTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HRTG is lagging the market.
HRTG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.81, a Stop Loss order could be placed below this zone.
More info and screens
22.71
We found 2 important support areas.
- A support zone ranging from 24.81 to 24.81. 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 25.83 to 25.90. 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 26.43 to 26.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.86 from a trend 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 | 89.64 | POSITIVE | HRTG has a high relative strength, it outperformed 89.64% 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) | DOWN | NEGATIVE | The current price of HRTG is below a declining 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) | 37.68 | NEUTRAL | The RSI value for HRTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HRTG has a negative trend. |
| Stochastics (14,3) | 28.44 | NEUTRAL | The Stochastics value for HRTG is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for HRTG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for HRTG suggests a possible start of a new trend. |
24.82
-0.48 (-1.9%)
HERITAGE INSURANCE HOLDINGS / HRTG FAQ
What is the ChartMill technical rating of HERITAGE INSURANCE HOLDINGS (HRTG) stock?
ChartMill assigns a technical rating of 3 / 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 37.6796. 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 -0.0555906, indicating a bearish trend.