(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 2024-06-21 View latest technical analysis
10 day averaged volume of Hanover Insurance is 184030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 123.71 | 124.01 | 124.60 | 122.62 | 1.901 times |
| 20 Thu Jun 2024 | 124.10 | 121.18 | 124.11 | 121.03 | 1.736 times |
| 18 Tue Jun 2024 | 120.96 | 122.38 | 123.25 | 120.90 | 0.891 times |
| 18 Tue Jun 2024 | 120.96 | 122.38 | 123.25 | 120.90 | 0.891 times |
| 17 Mon Jun 2024 | 123.31 | 120.94 | 123.31 | 120.94 | 0.801 times |
| 14 Fri Jun 2024 | 120.84 | 121.20 | 121.29 | 119.66 | 1.355 times |
| 13 Thu Jun 2024 | 123.04 | 124.30 | 124.30 | 122.57 | 1.391 times |
| 12 Wed Jun 2024 | 124.36 | 125.04 | 125.58 | 124.00 | 0.705 times |
| 11 Tue Jun 2024 | 125.12 | 127.34 | 127.34 | 124.82 | 0.711 times |
| 10 Mon Jun 2024 | 127.48 | 128.00 | 128.14 | 126.66 | 0.54 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 122.9 as stoploss in an intra day buy trade for a target of 126.58. However, stock will show a bearish move below 122.9.
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 119.66 |
| Upside Target | 128.14 |
| Upside Target | 128.43 |
| Upside Target | 131.76 |
| Upside Target | 132.17 |
| Upside Target | 135.88 |
| Upside Target | 136.84 |
| Upside Target | 138.00 |
| Upside Target | 138.30 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 121.54 |
| Downside Intraday Target | 119.37 |
| Upside Intraday Target | 125.24 |
| Upside Intraday Target | 126.77 |
| Downside Intraday Target | 123.07 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 123.71 | 122.38 | 124.60 | 120.90 | 2.675 times |
| 18 Tue Jun 2024 | 120.96 | 120.94 | 123.31 | 120.90 | 0.36 times |
| 14 Fri Jun 2024 | 120.84 | 128.00 | 128.14 | 119.66 | 1.011 times |
| 07 Fri Jun 2024 | 129.34 | 131.75 | 131.76 | 126.77 | 1.203 times |
| 31 Fri May 2024 | 131.93 | 132.06 | 132.17 | 127.82 | 1.117 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Hanover Insurance (THG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 123.71 | 131.75 | 131.76 | 119.66 | 0.851 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hanover Insurance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Hanover Insurance in short term and BUY signal is strong.
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
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 123.17 and Hanover Insurance (THG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hanover Insurance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Hanover Insurance in short term and BUY signal is strong.
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
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 123.17 and Hanover Insurance (THG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.