(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 2024-03-21 View latest technical analysis
10 day averaged volume of Hanover Insurance is 164550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 127.52 | 125.91 | 127.87 | 125.61 | 1.403 times |
| 20 Wed Mar 2024 | 126.31 | 125.73 | 127.14 | 125.73 | 1.078 times |
| 19 Tue Mar 2024 | 126.98 | 126.60 | 127.65 | 126.53 | 0.998 times |
| 18 Mon Mar 2024 | 126.31 | 128.55 | 129.56 | 126.03 | 1.428 times |
| 15 Fri Mar 2024 | 129.07 | 128.14 | 130.33 | 128.14 | 2.295 times |
| 14 Thu Mar 2024 | 129.26 | 130.47 | 130.52 | 127.89 | 0.825 times |
| 13 Wed Mar 2024 | 131.14 | 131.09 | 131.18 | 130.10 | 0.658 times |
| 12 Tue Mar 2024 | 130.51 | 129.97 | 130.75 | 129.57 | 0.649 times |
| 11 Mon Mar 2024 | 130.53 | 129.66 | 131.34 | 129.66 | 0.602 times |
| 08 Fri Mar 2024 | 130.11 | 130.47 | 131.24 | 129.86 | 0.638 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127.7, but if it comes above 127.7, then a intra day buy could be more profitable.
If you take a sell trade below 127.7, then use 127.7 as stoploss and 124.6 as target. However if you take a buy trade in stock , then use 127.7 as stoploss and 130.31 as target.
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 112.22 |
| Downside Target | 119.36 |
| Downside Target | 124.77 |
| Upside Target | 131.34 |
| Upside Target | 132.56 |
| Upside Target | 132.67 |
| Upside Target | 134.71 |
| Upside Target | 136.00 |
| Upside Target | 137.06 |
| Upside Target | 138.00 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 125.57 |
| Downside Intraday Target | 123.61 |
| Upside Intraday Target | 129.52 |
| Upside Intraday Target | 131.51 |
| Upside Intraday Target | 127.56 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 127.52 | 128.55 | 129.56 | 125.61 | 0.976 times |
| 15 Fri Mar 2024 | 129.07 | 129.66 | 131.34 | 127.89 | 1.139 times |
| 08 Fri Mar 2024 | 130.11 | 128.87 | 132.56 | 127.90 | 0.819 times |
| 01 Fri Mar 2024 | 128.87 | 135.03 | 136.00 | 128.53 | 1.381 times |
| 23 Fri Feb 2024 | 135.56 | 134.91 | 137.06 | 132.67 | 0.815 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 |
| 21 Thu Mar 2024 | 127.52 | 131.47 | 132.56 | 125.61 | 0.727 times |
| 29 Thu Feb 2024 | 131.47 | 134.80 | 138.00 | 128.43 | 1.046 times |
| 31 Wed Jan 2024 | 132.01 | 121.20 | 134.71 | 120.64 | 0.973 times |
| 29 Fri Dec 2023 | 121.42 | 123.78 | 128.90 | 119.36 | 0.766 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 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 to mid 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Hanover Insurance in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hanover Insurance in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 128.39 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 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 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 to mid 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Hanover Insurance in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hanover Insurance in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 128.39 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.