(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 2024-06-06 View latest technical analysis
10 day averaged volume of Hanover Insurance is 156650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 129.39 | 127.32 | 129.54 | 127.05 | 1.517 times |
| 05 Wed Jun 2024 | 127.67 | 128.60 | 128.62 | 126.77 | 0.555 times |
| 04 Tue Jun 2024 | 128.85 | 129.24 | 130.38 | 128.45 | 1.085 times |
| 03 Mon Jun 2024 | 129.59 | 131.75 | 131.76 | 128.16 | 1.159 times |
| 31 Fri May 2024 | 131.93 | 130.74 | 132.17 | 129.55 | 1.395 times |
| 30 Thu May 2024 | 130.06 | 128.54 | 130.74 | 128.29 | 1.552 times |
| 29 Wed May 2024 | 128.00 | 129.47 | 129.49 | 127.82 | 0.816 times |
| 28 Tue May 2024 | 130.59 | 132.06 | 132.06 | 130.31 | 0.781 times |
| 24 Fri May 2024 | 132.39 | 133.35 | 133.73 | 131.75 | 0.873 times |
| 23 Thu May 2024 | 133.13 | 133.68 | 134.41 | 132.56 | 0.654 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 129.8, but if it comes above 129.8, then a intra day buy could be more profitable.
If you take a sell trade below 129.8, then use 129.8 as stoploss and 126 as target. However if you take a buy trade in stock , then use 129.8 as stoploss and 132.9 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 | 126.85 |
| Downside Intraday Target | 124.32 |
| Upside Intraday Target | 131.84 |
| Upside Intraday Target | 134.3 |
| Downside Intraday Target | 129.31 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 129.39 | 131.75 | 131.76 | 126.77 | 0.95 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 |
| 06 Thu Jun 2024 | 129.39 | 131.75 | 131.76 | 126.77 | 0.201 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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal in short term and the buying is gaining 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 130.17 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 neutral. A longer time frame might give a better analysis.
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 BUY signal in short term and the buying is gaining 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 130.17 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.