(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 2024-05-29 View latest technical analysis
10 day averaged volume of Hanover Insurance is 117105
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 128.00 | 129.47 | 129.49 | 127.82 | 1.091 times |
| 28 Tue May 2024 | 130.59 | 132.06 | 132.06 | 130.31 | 1.045 times |
| 24 Fri May 2024 | 132.39 | 133.35 | 133.73 | 131.75 | 1.168 times |
| 23 Thu May 2024 | 133.13 | 133.68 | 134.41 | 132.56 | 0.874 times |
| 22 Wed May 2024 | 133.90 | 134.99 | 135.83 | 133.70 | 1.511 times |
| 21 Tue May 2024 | 135.19 | 137.65 | 138.30 | 135.18 | 0.817 times |
| 20 Mon May 2024 | 137.39 | 138.00 | 138.00 | 136.76 | 1.072 times |
| 17 Fri May 2024 | 137.56 | 136.39 | 137.66 | 136.03 | 0.862 times |
| 16 Thu May 2024 | 136.48 | 134.76 | 137.11 | 134.66 | 0.932 times |
| 15 Wed May 2024 | 133.98 | 135.00 | 135.00 | 133.28 | 0.893 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 128.8, for a target of 131.7 or 134.06
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 120.64 |
| Downside Target | 125.61 |
| Upside Target | 131.75 |
| 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 | 126.53 |
| Downside Intraday Target | 125.05 |
| Upside Intraday Target | 130.77 |
| Upside Intraday Target | 133.53 |
| Upside Intraday Target | 129.29 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 128.00 | 132.06 | 132.06 | 127.82 | 0.393 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 |
| 29 Wed May 2024 | 128.00 | 129.64 | 138.30 | 127.82 | 0.836 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 down 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Hanover Insurance is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 133.71 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 negative.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Hanover Insurance is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 133.71 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.