(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 2024-06-03 View latest technical analysis
10 day averaged volume of Hanover Insurance is 145010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 129.59 | 131.75 | 131.76 | 128.16 | 1.252 times |
| 31 Fri May 2024 | 131.93 | 130.74 | 132.17 | 129.55 | 1.507 times |
| 30 Thu May 2024 | 130.06 | 128.54 | 130.74 | 128.29 | 1.676 times |
| 29 Wed May 2024 | 128.00 | 129.47 | 129.49 | 127.82 | 0.881 times |
| 28 Tue May 2024 | 130.59 | 132.06 | 132.06 | 130.31 | 0.844 times |
| 24 Fri May 2024 | 132.39 | 133.35 | 133.73 | 131.75 | 0.943 times |
| 23 Thu May 2024 | 133.13 | 133.68 | 134.41 | 132.56 | 0.706 times |
| 22 Wed May 2024 | 133.90 | 134.99 | 135.83 | 133.70 | 1.22 times |
| 21 Tue May 2024 | 135.19 | 137.65 | 138.30 | 135.18 | 0.66 times |
| 20 Mon May 2024 | 137.39 | 138.00 | 138.00 | 136.76 | 0.865 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 131.3, but if it comes above 131.3, then a intra day buy could be more profitable.
If you take a sell trade below 131.3, then use 131.3 as stoploss and 128.2 as target. However if you take a buy trade in stock , then use 131.3 as stoploss and 133.87 as target.
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 125.61 |
| Upside Target | 131.75 |
| Upside Target | 133.28 |
| Upside Target | 133.96 |
| Upside Target | 135.88 |
| 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 | 127.91 |
| Downside Intraday Target | 126.24 |
| Upside Intraday Target | 131.51 |
| Upside Intraday Target | 133.44 |
| Upside Intraday Target | 129.84 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 129.59 | 131.75 | 131.76 | 128.16 | 0.255 times |
| 31 Fri May 2024 | 131.93 | 132.06 | 132.17 | 127.82 | 1.117 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 |
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 |
| 03 Mon Jun 2024 | 129.59 | 131.75 | 131.76 | 128.16 | 0.054 times |
| 31 Fri May 2024 | 131.93 | 129.64 | 138.30 | 127.82 | 0.969 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 131.92 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 131.92 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.