HANOVER INSURANCE GROUP INC/ (THG)
US4108671052 - Common Stock
We assign a technical rating of 5 out of 10 to THG. In the last year, THG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
THG 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 THG is performing more or less in line with the market.
In the last month THG has a been trading in the 126.41 - 136.58 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, THG turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
THG is part of the Insurance industry. There are 141 other stocks in this industry, THG did better than 46% of them.
Although the technical rating is only medium, THG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 130.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
113.12
137.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 126.30 to 130.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 130.72 to 132.87. 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 135.36 to 136.59. 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
CRS54.05
Mansfield-0.03
10 Day High136.58
10 Day Low127.83
20 Day High136.58
20 Day Low126.41
52 Week High138
52 Week Low103.83
Performance
1 Week-0.51%
2 Weeks2.73%
1 Month0.16%
3 Month-0.17%
6 Month12.03%
12 Month9.78%
2 Year-10.86%
3 Year-6.32%
5 Year6.97%
10 Year117.62%
15 Year280.88%
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)0.04
RSI(14)50.28
LBB126.18
UBB134.39
HANOVER INSURANCE GROUP INC/
NYSE:THG (5/2/2024, 7:22:37 PM)
After market: 130.68 0 (0%)130.68
-0.47 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.36%
1 Week-0.51%
2 Weeks2.73%
1 Month0.16%
3 Month-0.17%
6 Month12.03%
12 Month9.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.79
ATR(20)%2.12%
ATR Inc
Range Today7.56
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High136.58
10 Day Low127.83
20 Day High136.58
20 Day Low126.41
52 Week High138
52 Week Low103.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume390.80K
Volume Incr40.64%
Vol(5)224.88K
Vol(50)172.08K