NYSE:HIG - New York Stock Exchange, Inc. - US4165151048 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to HIG. Although HIG 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.
HIG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 122.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 118.46, a Stop Loss order could be placed below this zone.
105.25
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
124.87 | 114.72 | 10.15 (8.13%) | 12.30% |
An entry @124.87. This is a Buy Stop order right above the resistance zone. | An exit @114.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.15 points, which is 8.13%. | When investing 12.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
118.74
+4.52 (+3.96%)