HANOVER INSURANCE GROUP INC/ (THG) Stock Technical Analysis
NYSE:THG - New York Stock Exchange, Inc. - US4108671052 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to THG. 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 90% of all other stocks. We also observe that the gains produced by THG over the past year are nicely spread over this period.
THG is one of the better performing stocks in the Insurance industry, it outperforms 78% 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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. Prices have been consolidating lately. 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 2 important areas.
- A support zone ranging from 147.12 to 153.46. 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.
When analyzing the resistance we notice one important area.
- 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
CRS90.42
Mansfield1.76
10 Day High163.53
10 Day Low147.76
20 Day High176.16
20 Day Low147.76
52 Week High176.16
52 Week Low119.66
Performance
1 Week2.28%
2 Weeks8.22%
1 Month-5.5%
3 Month6.12%
6 Month10.3%
12 Month25.82%
2 Year36.38%
3 Year11.05%
5 Year62.43%
10 Year137.79%
15 Year261.93%
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)-0.13
RSI(14)50
LBB146.95
UBB173.14
163.05
+5.56 (+3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg3.53%
1 Week2.28%
2 Weeks8.22%
1 Month-5.5%
3 Month6.12%
6 Month10.3%
12 Month25.82%
2 Year36.38%
3 Year11.05%
5 Year62.43%
10 Year137.79%
15 Year261.93%
Volatility
ATR(14)6.15
ATR(20)%3.28%
ATR Inc2.29%
Range Today4.16
ADR(20)4.94
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.42
Mansfield1.76
10 Day High163.53
10 Day Low147.76
20 Day High176.16
20 Day Low147.76
52 Week High176.16
52 Week Low119.66
CS1 End153.46
CR1 Start172.64
Volume & EV
DER(3)-1.04%
DER(5)-0.5%
Volume141.60K
Volume Incr0.84%
Vol(5)281.66K
Vol(50)267.29K