HANOVER INSURANCE GROUP INC/ (THG) Stock Technical Analysis
NYSE:THG - New York Stock Exchange, Inc. - US4108671052 - Common Stock - Currency: USD
Taking everything into account, THG scores 6 out of 10 in our technical rating. Although THG 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.
Looking at the yearly performance, THG did better than 88% of all other stocks. On top of that, THG also shows a nice and consistent pattern of rising prices.
THG is one of the better performing stocks in the Insurance industry, it outperforms 76% of 143 stocks in the same industry.
THG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so THG slightly outperforms the market at the moment.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month THG has a been trading in the 147.76 - 176.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
THG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 153.46, a Stop Loss order could be placed below this zone.
More info and screens
137.83
176.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 152.13 to 153.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 147.12 to 149.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @139.22 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 161.82 to 165.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 172.64 to 175.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.62
Mansfield1.18
10 Day High165.44
10 Day Low152.78
20 Day High176.16
20 Day Low147.76
52 Week High176.16
52 Week Low119.66
Performance
1 Week0%
2 Weeks3.61%
1 Month-7.41%
3 Month5.22%
6 Month9.37%
12 Month24.76%
2 Year35.22%
3 Year10.11%
5 Year61.06%
10 Year135.77%
15 Year258.87%
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)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)47.78
LBB151.08
UBB166.58
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 |
|---|---|---|---|
| 165.04 | 152.77 | 12.27 (7.43%) | 13.45% |
| An entry @165.04. This is a Buy Stop order right above the resistance zone. | An exit @152.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 12.27 points, which is 7.43%. | When investing 13.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
161.67
-2.22 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.35%
1 Week0%
2 Weeks3.61%
1 Month-7.41%
3 Month5.22%
6 Month9.37%
12 Month24.76%
2 Year35.22%
3 Year10.11%
5 Year61.06%
10 Year135.77%
15 Year258.87%
Volatility
ATR(14)5.4
ATR(20)%3.37%
ATR Inc-37.84%
Range Today4.65
ADR(20)5.05
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.62
Mansfield1.18
10 Day High165.44
10 Day Low152.78
20 Day High176.16
20 Day Low147.76
52 Week High176.16
52 Week Low119.66
CS1 End153.46
CR1 Start161.82
Volume & EV
DER(3)1.5%
DER(5)0.55%
Volume221.10K
Volume Incr-31.29%
Vol(5)211.12K
Vol(50)269.09K