(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 2024-06-25 View latest technical analysis
10 day averaged volume of Hanover Insurance is 204480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 122.22 | 123.40 | 123.40 | 121.32 | 0.584 times |
| 24 Mon Jun 2024 | 124.19 | 124.17 | 125.09 | 123.46 | 0.656 times |
| 21 Fri Jun 2024 | 123.71 | 124.01 | 124.60 | 122.62 | 1.711 times |
| 20 Thu Jun 2024 | 124.10 | 121.18 | 124.11 | 121.03 | 1.562 times |
| 18 Tue Jun 2024 | 120.96 | 122.38 | 123.25 | 120.90 | 0.802 times |
| 18 Tue Jun 2024 | 120.96 | 122.38 | 123.25 | 120.90 | 0.802 times |
| 17 Mon Jun 2024 | 123.31 | 120.94 | 123.31 | 120.94 | 0.721 times |
| 14 Fri Jun 2024 | 120.84 | 121.20 | 121.29 | 119.66 | 1.219 times |
| 13 Thu Jun 2024 | 123.04 | 124.30 | 124.30 | 122.57 | 1.252 times |
| 12 Wed Jun 2024 | 124.36 | 125.04 | 125.58 | 124.00 | 0.635 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.4, but if it comes above 122.4, then a intra day buy could be more profitable.
If you take a sell trade below 122.4, then use 122.4 as stoploss and 118.4 as target. However if you take a buy trade in stock , then use 122.4 as stoploss and 125.76 as target.
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 119.66 |
| Upside Target | 127.82 |
| Upside Target | 128.14 |
| Upside Target | 128.43 |
| Upside Target | 131.76 |
| 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 | 120.66 |
| Downside Intraday Target | 119.11 |
| Upside Intraday Target | 124.43 |
| Upside Intraday Target | 126.65 |
| Upside Intraday Target | 122.88 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 122.22 | 124.17 | 125.09 | 121.32 | 0.304 times |
| 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 |
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 |
| 25 Tue Jun 2024 | 122.22 | 131.75 | 131.76 | 119.66 | 0.926 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 gaining momentum.
MACD generated a SELL signal for Hanover Insurance in short term and the sell signal is strong.
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 SELL signal for Hanover Insurance in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 122.85 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 gaining momentum.
MACD generated a SELL signal for Hanover Insurance in short term and the sell signal is strong.
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 SELL signal for Hanover Insurance in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 122.85 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.