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 it also does not offer a high quality setup 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.
More info and screens
22.71
3 important support areas can be observed.
- A support zone ranging from 26.26 to 26.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.06 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @26.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 28.39 to 29.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 95.46 | POSITIVE | HRTG has a high relative strength, it outperformed 95.46% 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) | 39.12 | NEUTRAL | The RSI value for HRTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests HRTG has a negative trend. |
| Stochastics (14,3) | 20.71 | NEUTRAL | The Stochastics value for HRTG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for HRTG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.13 | NEGATIVE | The low ADX value for HRTG suggests a weak or negative trend. |
26.45
+0.19 (+0.72%)
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 39.1229. 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 -0.438929, indicating a bearish trend.