(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 2024-08-28 View latest technical analysis
10 day averaged volume of Hanover Insurance is 116213
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 140.77 | 137.03 | 141.42 | 137.03 | 1.966 times |
| 27 Tue Aug 2024 | 137.11 | 137.20 | 137.64 | 136.22 | 1.34 times |
| 26 Mon Aug 2024 | 137.32 | 137.28 | 139.30 | 137.07 | 0.939 times |
| 23 Fri Aug 2024 | 137.29 | 136.42 | 137.73 | 135.49 | 1.024 times |
| 22 Thu Aug 2024 | 135.57 | 134.90 | 136.04 | 133.97 | 0.701 times |
| 21 Wed Aug 2024 | 134.87 | 134.70 | 134.88 | 132.93 | 1.088 times |
| 20 Tue Aug 2024 | 133.79 | 135.34 | 135.56 | 133.41 | 1.005 times |
| 19 Mon Aug 2024 | 135.49 | 134.53 | 136.12 | 134.53 | 0.893 times |
| 16 Fri Aug 2024 | 134.79 | 134.26 | 135.68 | 134.04 | 1.239 times |
| 15 Thu Aug 2024 | 134.31 | 134.57 | 135.15 | 133.47 | 0.805 times |
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 140.2, for a target of 137.2 or 134.65
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 119.66 |
| Downside Target | 123.17 |
| Downside Target | 126.41 |
| Downside Target | 130.60 |
| Downside Target | 135.68 |
| Downside Target | 137.39 |
| Downside Target | 137.73 |
| Downside Target | 138.30 |
| Downside Target | 139.25 |
| Upside Target | 141.42 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 137.52 |
| Downside Intraday Target | 134.27 |
| Upside Intraday Target | 142.72 |
| Upside Intraday Target | 144.67 |
| Downside Intraday Target | 139.47 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 140.77 | 137.28 | 141.42 | 136.22 | 0.901 times |
| 23 Fri Aug 2024 | 137.29 | 134.53 | 137.73 | 132.93 | 0.813 times |
| 16 Fri Aug 2024 | 134.79 | 133.41 | 135.68 | 131.29 | 0.847 times |
| 09 Fri Aug 2024 | 132.94 | 136.51 | 137.39 | 130.60 | 0.775 times |
| 02 Fri Aug 2024 | 138.34 | 134.76 | 139.25 | 132.02 | 0.88 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 |
| 28 Wed Aug 2024 | 140.77 | 137.77 | 141.42 | 130.60 | 0.629 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 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 gaining 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 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 136.58 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 gaining 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 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 136.58 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.