(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 2024-08-06 View latest technical analysis
10 day averaged volume of Hanover Insurance is 218375
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 130.82 | 133.64 | 134.99 | 130.60 | 0.634 times |
| 05 Mon Aug 2024 | 133.61 | 136.51 | 137.39 | 133.03 | 1.059 times |
| 02 Fri Aug 2024 | 138.34 | 135.29 | 139.25 | 134.12 | 1.425 times |
| 01 Thu Aug 2024 | 135.03 | 137.77 | 139.23 | 132.02 | 0.998 times |
| 31 Wed Jul 2024 | 137.49 | 138.50 | 138.66 | 136.72 | 0.828 times |
| 30 Tue Jul 2024 | 138.86 | 134.81 | 139.25 | 134.25 | 0.82 times |
| 29 Mon Jul 2024 | 134.81 | 134.76 | 135.91 | 133.92 | 0.631 times |
| 26 Fri Jul 2024 | 134.57 | 131.51 | 134.79 | 131.11 | 1.132 times |
| 25 Thu Jul 2024 | 130.90 | 131.35 | 134.39 | 130.48 | 1.273 times |
| 24 Wed Jul 2024 | 131.15 | 132.12 | 133.16 | 130.44 | 1.172 times |
My analysis of stock is bearish for shortterm, and stock might move down till 128.5 or till 123.8. Use a stoploss of 132.41 and if the stock hits stoploss, then it can shoot up till 136.31
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 119.66 |
| Downside Target | 123.17 |
| Downside Target | 126.41 |
| Downside Target | 130.44 |
| Upside Target | 135.11 |
| Upside Target | 135.88 |
| Upside Target | 136.57 |
| Upside Target | 137.39 |
| Upside Target | 138.30 |
| Upside Target | 139.25 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 128.48 |
| Downside Intraday Target | 126.15 |
| Upside Intraday Target | 135.27 |
| Upside Intraday Target | 139.73 |
| Upside Intraday Target | 132.94 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 130.82 | 136.51 | 137.39 | 130.60 | 0.36 times |
| 02 Fri Aug 2024 | 138.34 | 134.76 | 139.25 | 132.02 | 0.88 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 |
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 Tue Aug 2024 | 130.82 | 137.77 | 139.25 | 130.60 | 0.186 times |
| 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 |
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 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Hanover Insurance in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 134.55 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 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 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Hanover Insurance in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 134.55 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.