(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 2024-05-30 View latest technical analysis
10 day averaged volume of Hanover Insurance is 120215
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 130.06 | 128.54 | 130.74 | 128.29 | 2.022 times |
| 29 Wed May 2024 | 128.00 | 129.47 | 129.49 | 127.82 | 1.063 times |
| 28 Tue May 2024 | 130.59 | 132.06 | 132.06 | 130.31 | 1.018 times |
| 24 Fri May 2024 | 132.39 | 133.35 | 133.73 | 131.75 | 1.138 times |
| 23 Thu May 2024 | 133.13 | 133.68 | 134.41 | 132.56 | 0.852 times |
| 22 Wed May 2024 | 133.90 | 134.99 | 135.83 | 133.70 | 1.472 times |
| 21 Tue May 2024 | 135.19 | 137.65 | 138.30 | 135.18 | 0.796 times |
| 20 Mon May 2024 | 137.39 | 138.00 | 138.00 | 136.76 | 1.044 times |
| 17 Fri May 2024 | 137.56 | 136.39 | 137.66 | 136.03 | 0.839 times |
| 16 Thu May 2024 | 136.48 | 134.76 | 137.11 | 134.66 | 0.908 times |
Stock of Hanover Insurance (THG) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 131.5, but if it comes above 131.5, then a intra day buy could be more profitable.
If you take a sell trade below 131.5, then use 131.5 as stoploss and 128.6 as target. However if you take a buy trade in stock , then use 131.5 as stoploss and 134.01 as target.
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 | 127.9 |
| Downside Intraday Target | 125.74 |
| Upside Intraday Target | 132.14 |
| Upside Intraday Target | 134.22 |
| Downside Intraday Target | 129.98 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 130.06 | 132.06 | 132.06 | 127.82 | 0.774 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 |
| 30 Thu May 2024 | 130.06 | 129.64 | 138.30 | 127.82 | 0.906 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 losing momentum.
MACD generated a SELL signal for Hanover Insurance in short term and the sell signal is strong.
Hanover Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hanover Insurance in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 133.03 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 losing momentum.
MACD generated a SELL signal for Hanover Insurance in short term and the sell signal is strong.
Hanover Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hanover Insurance in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 133.03 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.