(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 2024-10-31 View latest technical analysis
10 day averaged volume of Hanover Insurance is 164470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 148.33 | 154.71 | 155.00 | 146.29 | 2.479 times |
| 30 Wed Oct 2024 | 151.43 | 149.19 | 152.04 | 149.19 | 1.151 times |
| 29 Tue Oct 2024 | 148.34 | 148.82 | 149.92 | 147.86 | 1.235 times |
| 28 Mon Oct 2024 | 149.15 | 148.90 | 150.12 | 147.94 | 0.678 times |
| 25 Fri Oct 2024 | 147.82 | 150.92 | 151.21 | 147.66 | 0.644 times |
| 24 Thu Oct 2024 | 150.89 | 150.50 | 151.65 | 150.15 | 0.689 times |
| 23 Wed Oct 2024 | 150.36 | 150.61 | 151.50 | 149.38 | 1.03 times |
| 22 Tue Oct 2024 | 150.83 | 151.86 | 151.87 | 149.66 | 1.155 times |
| 21 Mon Oct 2024 | 152.85 | 155.37 | 155.84 | 152.84 | 1.152 times |
| 18 Fri Oct 2024 | 155.21 | 154.91 | 155.38 | 153.79 | 1.007 times |
Stock of Hanover Insurance (THG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 147 or till 143.9. Use a stoploss of 149.56 and if the stock hits stoploss, then it can shoot up till 152.14
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 119.66 |
| Downside Target | 123.17 |
| Downside Target | 130.60 |
| Downside Target | 139.25 |
| Downside Target | 142.48 |
| Upside Target | 150.07 |
| Upside Target | 150.85 |
| Upside Target | 150.95 |
| Upside Target | 155.00 |
| Upside Target | 155.38 |
| Upside Target | 155.84 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 144.75 |
| Downside Intraday Target | 141.16 |
| Upside Intraday Target | 153.46 |
| Upside Intraday Target | 158.58 |
| Upside Intraday Target | 149.87 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 148.33 | 148.90 | 155.00 | 146.29 | 1.187 times |
| 25 Fri Oct 2024 | 147.82 | 155.37 | 155.84 | 147.66 | 0.859 times |
| 18 Fri Oct 2024 | 155.21 | 148.01 | 155.38 | 146.88 | 1.037 times |
| 11 Fri Oct 2024 | 147.66 | 148.43 | 150.85 | 142.48 | 1.247 times |
| 04 Fri Oct 2024 | 149.03 | 147.52 | 150.07 | 145.12 | 0.885 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 Thu Oct 2024 | 148.33 | 148.21 | 155.84 | 142.48 | 1.001 times |
| 30 Mon Sep 2024 | 148.11 | 146.65 | 150.95 | 142.79 | 1.004 times |
| 30 Fri Aug 2024 | 146.99 | 137.77 | 147.19 | 130.60 | 0.808 times |
| 31 Wed Jul 2024 | 137.49 | 125.44 | 139.25 | 123.17 | 1.278 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL signal for Hanover Insurance in short term but the sell signal is initial and weak.
Hanover Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 150.35 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL signal for Hanover Insurance in short term but the sell signal is initial and weak.
Hanover Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 150.35 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.