(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 2024-07-31 View latest technical analysis
10 day averaged volume of Hanover Insurance is 228570
Date | Daily Closing Price | Open | High | Low | Volume |
31 Wed Jul 2024 | 137.49 | 138.50 | 138.66 | 136.72 | 0.791 times |
30 Tue Jul 2024 | 138.86 | 134.81 | 139.25 | 134.25 | 0.784 times |
29 Mon Jul 2024 | 134.81 | 134.76 | 135.91 | 133.92 | 0.603 times |
26 Fri Jul 2024 | 134.57 | 131.51 | 134.79 | 131.11 | 1.081 times |
25 Thu Jul 2024 | 130.90 | 131.35 | 134.39 | 130.48 | 1.216 times |
24 Wed Jul 2024 | 131.15 | 132.12 | 133.16 | 130.44 | 1.119 times |
23 Tue Jul 2024 | 131.83 | 133.32 | 134.12 | 131.73 | 0.634 times |
22 Mon Jul 2024 | 132.86 | 134.35 | 135.11 | 132.40 | 1.056 times |
19 Fri Jul 2024 | 134.45 | 135.12 | 135.19 | 132.12 | 2.138 times |
18 Thu Jul 2024 | 133.38 | 133.39 | 136.57 | 133.38 | 0.675 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 135, but if it comes below 135, then a intra day sell could be more profitable.
If you take a sell trade below 135, then use 135 as stoploss and 130.48 as target. However if you take a buy trade in stock , then use 135 as stoploss and 140.5 as target.
Share price targets for Hanover Insurance (THG)
Target Type | Value |
Downside Target | 119.66 |
Downside Target | 123.17 |
Downside Target | 130.44 |
Downside Target | 133.92 |
Downside Target | 135.11 |
Downside Target | 135.88 |
Downside Target | 136.57 |
Downside Target | 136.84 |
Upside Target | 138.30 |
Upside Target | 139.25 |
Intraday share price targets for Hanover Insurance (THG)
Target Type | Value |
Downside Intraday Target | 134.52 |
Downside Intraday Target | 131.56 |
Upside Intraday Target | 139.85 |
Upside Intraday Target | 142.22 |
Downside Intraday Target | 136.89 |
Weekly technical analysis of Hanover Insurance (THG)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Wed Jul 2024 | 137.49 | 134.76 | 139.25 | 133.92 | 0.427 times |
26 Fri Jul 2024 | 134.57 | 134.35 | 135.11 | 130.44 | 0.898 times |
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 |
Price has moved up 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 |
31 Wed Jul 2024 | 137.49 | 125.44 | 139.25 | 123.17 | 1.278 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 133.87 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 133.87 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.