HANOVER INSURANCE GROUP INC/ (THG) Stock Technical Analysis
NYSE:THG - New York Stock Exchange, Inc. - US4108671052 - Common Stock - Currency: USD
Overall THG gets a technical rating of 5 out of 10. 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
THG is part of the Insurance industry. There are 144 other stocks in this industry. THG outperforms 72% of them.
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.
When compared to the yearly performance of all other stocks, THG outperforms 65% of them, which is more or less in line with the market.
In the last month THG has a been trading in the 150.42 - 166.98 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 and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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
120.21
167.74
5 important support areas can be observed.
- A support zone ranging from 155.97 to 158.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 152.28 to 153.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 147.12 to 147.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @135.55 from a trend line in the weekly time frame.
- Support @121.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 164.39 to 166.08. 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
CRS65.07
Mansfield0.25
10 Day High165.64
10 Day Low156.52
20 Day High166.98
20 Day Low150.42
52 Week High166.98
52 Week Low119.66
Performance
1 Week-4.47%
2 Weeks-5.72%
1 Month2.03%
3 Month-4.3%
6 Month14.04%
12 Month15.5%
2 Year12.25%
3 Year12.23%
5 Year32.08%
10 Year122.91%
15 Year271.46%
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)-0.4
RSI(14)46.53
LBB152.64
UBB167.62
NYSE:THG (2/24/2025, 2:58:39 PM)
158.94
+2.37 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.51%
1 Week-4.47%
2 Weeks-5.72%
1 Month2.03%
3 Month-4.3%
6 Month14.04%
12 Month15.5%
2 Year12.25%
3 Year12.23%
5 Year32.08%
10 Year122.91%
15 Year271.46%
Volatility
ATR(14)3.58
ATR(20)%2.16%
ATR Inc-23.84%
Range Today3.19
ADR(20)3.1
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.07
Mansfield0.25
10 Day High165.64
10 Day Low156.52
20 Day High166.98
20 Day Low150.42
52 Week High166.98
52 Week Low119.66
CS1 End153.46
CR1 Start157.31
Volume & EV
DER(3)0.77%
DER(5)-0.39%
Volume98.21K
Volume Incr-6.83%
Vol(5)225.54K
Vol(50)208.21K