HERITAGE INSURANCE HOLDINGS (HRTG) Technical Analysis
NYSE:HRTG • US42727J1025
Current stock price
HRTG Technical Rating and Analysis
Taking everything into account, HRTG scores 7 out of 10 in our technical rating. HRTG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- 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 91% of all other stocks.
- HRTG is part of the Insurance industry. There are 148 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.
- In the last month HRTG has a been trading in the 23.42 - 29.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HRTG Weekly and Daily overview Charts
HRTG Setup Rating and Analysis
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 a resistance zone just above the current price starting at 28.23. Right above this resistance zone may be a good entry point.
More info and screens
HRTG Support and Resistance Analysis
22.64
4 important support areas can be observed.
- Support @25.01 from a trend line in the weekly time frame.
- A support zone ranging from 24.04 to 24.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.37 to 23.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.23 to 28.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
HRTG Technical Indicator Signal Analysis
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 | 91.57 | POSITIVE | HRTG has a high relative strength, it outperformed 91.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRTG is below the rising 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) | 47.22 | NEUTRAL | The RSI value for HRTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HRTG has a negative trend. |
| Stochastics (14,3) | 48.52 | NEUTRAL | The Stochastics value for HRTG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for HRTG suggests high volalility. |
| Average Directional Index/ADX (14) | 25.82 | POSITIVE | The high ADX value value for HRTG suggests a strong trend. |
HRTG Chart- and CandleStick Pattern Analysis
HRTG Example Setup
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 |
|---|---|---|---|
| 27.42 | 25.62 | 1.80 (6.57%) | 15.22% |
| An entry @27.42. This is a Buy Stop order right above the 10 day moving average. | An exit @25.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.80 points, which is 6.57%. | When investing 15.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
HRTG Technicals: Chart, Performance Metrics, Trend & Indicators
26.62
-0.66 (-2.42%)
HERITAGE INSURANCE HOLDINGS / HRTG TA FAQ
What is the ChartMill technical rating of HERITAGE INSURANCE HOLDINGS (HRTG) stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
What is the RSI signal for HERITAGE INSURANCE HOLDINGS (HRTG) stock?
HERITAGE INSURANCE HOLDINGS (HRTG) has an RSI value of 47.2232. 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 -0.0400377, indicating a bearish trend.