(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 2024-07-19 View latest technical analysis
10 day averaged volume of Hanover Insurance is 206676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 134.45 | 135.12 | 135.19 | 132.12 | 2.364 times |
| 18 Thu Jul 2024 | 133.38 | 133.39 | 136.57 | 133.38 | 0.746 times |
| 17 Wed Jul 2024 | 133.81 | 132.28 | 134.94 | 132.28 | 0.769 times |
| 16 Tue Jul 2024 | 131.78 | 129.37 | 132.01 | 129.02 | 1.236 times |
| 15 Mon Jul 2024 | 128.52 | 126.50 | 129.19 | 126.50 | 1.17 times |
| 12 Fri Jul 2024 | 126.66 | 125.31 | 127.39 | 124.68 | 0.894 times |
| 11 Thu Jul 2024 | 124.48 | 125.72 | 126.40 | 124.20 | 0.952 times |
| 10 Wed Jul 2024 | 124.88 | 124.30 | 125.05 | 123.17 | 0.727 times |
| 09 Tue Jul 2024 | 124.09 | 125.28 | 126.66 | 124.01 | 0.84 times |
| 08 Mon Jul 2024 | 125.56 | 125.00 | 126.13 | 125.00 | 0.756 times |
Stock of Hanover Insurance (THG) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 134.7, for a target of 130.3 or 126.6
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 119.66 |
| Downside Target | 123.17 |
| Downside Target | 127.39 |
| Downside Target | 127.82 |
| Downside Target | 129.09 |
| Downside Target | 131.76 |
| Upside Target | 135.88 |
| Upside Target | 136.57 |
| Upside Target | 136.84 |
| Upside Target | 138.30 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 128.44 |
| Downside Intraday Target | 122.44 |
| Upside Intraday Target | 138.51 |
| Upside Intraday Target | 142.58 |
| Downside Intraday Target | 132.51 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 134.45 | 126.50 | 136.57 | 126.50 | 1.507 times |
| 12 Fri Jul 2024 | 126.66 | 125.00 | 127.39 | 123.17 | 1.758 times |
| 05 Fri Jul 2024 | 123.93 | 127.20 | 127.20 | 123.34 | 0.945 times |
| 03 Wed Jul 2024 | 125.58 | 125.44 | 127.20 | 123.78 | 0.567 times |
| 28 Fri Jun 2024 | 125.44 | 124.17 | 129.09 | 120.10 | 1.098 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 |
| 19 Fri Jul 2024 | 134.45 | 125.44 | 136.57 | 123.17 | 0.838 times |
| 28 Fri Jun 2024 | 125.44 | 131.75 | 131.76 | 119.66 | 1.123 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 |
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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Hanover Insurance in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hanover Insurance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Hanover Insurance in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 129.63 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 rising upwards.
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 is giving positive 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Hanover Insurance in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hanover Insurance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Hanover Insurance in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 129.63 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 rising upwards.
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 is giving positive 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.