(THG) Hanover Insurance complete technical analysis [charts+indicators] | Buy/Sell Hanover Insurance | (THG) share price targets
Complete technical analysis of Hanover Insurance (THG) by charts plus indicators, forecast predictions and share price targets for Hanover Insurance (THG)
Hanover Insurance trades in USA in Finance sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Hanover Insurance is 119625
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 130.59 | 132.06 | 132.06 | 130.31 | 1.023 times |
| 24 Fri May 2024 | 132.39 | 133.35 | 133.73 | 131.75 | 1.144 times |
| 23 Thu May 2024 | 133.13 | 133.68 | 134.41 | 132.56 | 0.856 times |
| 22 Wed May 2024 | 133.90 | 134.99 | 135.83 | 133.70 | 1.479 times |
| 21 Tue May 2024 | 135.19 | 137.65 | 138.30 | 135.18 | 0.8 times |
| 20 Mon May 2024 | 137.39 | 138.00 | 138.00 | 136.76 | 1.049 times |
| 17 Fri May 2024 | 137.56 | 136.39 | 137.66 | 136.03 | 0.844 times |
| 16 Thu May 2024 | 136.48 | 134.76 | 137.11 | 134.66 | 0.913 times |
| 15 Wed May 2024 | 133.98 | 135.00 | 135.00 | 133.28 | 0.874 times |
| 14 Tue May 2024 | 135.12 | 135.81 | 136.23 | 134.18 | 0.808 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 132, but if it comes above 132, then a intra day buy could be more profitable.
If you take a sell trade below 132, then use 132 as stoploss and 129.3 as target. However if you take a buy trade in stock , then use 132 as stoploss and 134.16 as target.
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 120.64 |
| Downside Target | 125.61 |
| Upside Target | 134.71 |
| Upside Target | 135.88 |
| Upside Target | 136.58 |
| Upside Target | 136.81 |
| Upside Target | 136.84 |
| Upside Target | 137.66 |
| Upside Target | 138.00 |
| Upside Target | 138.30 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 129.91 |
| Downside Intraday Target | 129.24 |
| Upside Intraday Target | 131.66 |
| Upside Intraday Target | 132.74 |
| Upside Intraday Target | 130.99 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 130.59 | 132.06 | 132.06 | 130.31 | 0.192 times |
| 24 Fri May 2024 | 132.39 | 138.00 | 138.30 | 131.75 | 1.14 times |
| 17 Fri May 2024 | 137.56 | 135.34 | 137.66 | 133.28 | 0.925 times |
| 10 Fri May 2024 | 135.42 | 134.73 | 136.81 | 133.96 | 0.508 times |
| 03 Fri May 2024 | 133.64 | 129.74 | 136.58 | 128.78 | 1.362 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Hanover Insurance (THG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 130.59 | 129.64 | 138.30 | 129.02 | 0.799 times |
| 30 Tue Apr 2024 | 129.82 | 135.88 | 135.88 | 126.41 | 1.007 times |
| 28 Thu Mar 2024 | 136.17 | 131.47 | 136.84 | 125.61 | 0.998 times |
| 29 Thu Feb 2024 | 131.47 | 134.80 | 138.00 | 128.43 | 1.046 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Hanover Insurance (THG)
Price action analysis of Hanover Insurance ( (THG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hanover Insurance ( (THG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hanover Insurance ( (THG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hanover Insurance ( (THG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Hanover Insurance stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Hanover Insurance in short term but the sell signal is initial and weak.
Hanover Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hanover Insurance in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Hanover Insurance is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 134.45 and Hanover Insurance (THG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Hanover Insurance (THG) stock. Volume based technical analysis of Hanover Insurance (THG) stock is negative.
Hanover Insurance Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Hanover Insurance ( (THG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hanover Insurance ( (THG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hanover Insurance ( (THG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Hanover Insurance ( (THG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Hanover Insurance stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Hanover Insurance in short term but the sell signal is initial and weak.
Hanover Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Hanover Insurance in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Hanover Insurance is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 134.45 and Hanover Insurance (THG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Hanover Insurance (THG) stock. Volume based technical analysis of Hanover Insurance (THG) stock is negative.
Hanover Insurance Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.