(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 2024-03-28 View latest technical analysis
10 day averaged volume of Hanover Insurance is 201900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 136.17 | 135.78 | 136.84 | 135.22 | 1.195 times |
| 27 Wed Mar 2024 | 135.54 | 132.14 | 135.64 | 131.87 | 1.057 times |
| 26 Tue Mar 2024 | 131.74 | 128.54 | 131.82 | 128.54 | 0.838 times |
| 25 Mon Mar 2024 | 128.89 | 127.41 | 129.72 | 127.41 | 0.771 times |
| 22 Fri Mar 2024 | 127.19 | 127.97 | 127.97 | 127.01 | 0.792 times |
| 21 Thu Mar 2024 | 127.52 | 125.91 | 127.87 | 125.61 | 1.144 times |
| 20 Wed Mar 2024 | 126.31 | 125.73 | 127.14 | 125.73 | 0.879 times |
| 19 Tue Mar 2024 | 126.98 | 126.60 | 127.65 | 126.53 | 0.814 times |
| 18 Mon Mar 2024 | 126.31 | 128.55 | 129.56 | 126.03 | 1.164 times |
| 15 Fri Mar 2024 | 129.07 | 128.14 | 130.33 | 128.14 | 1.87 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 135.5, for a target of 132.4 or 129.83
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 112.22 |
| Downside Target | 119.36 |
| Downside Target | 124.77 |
| Downside Target | 129.56 |
| Downside Target | 131.34 |
| Downside Target | 132.56 |
| Downside Target | 134.71 |
| Downside Target | 136.00 |
| Upside Target | 136.84 |
| Upside Target | 138.00 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 130.11 |
| Downside Intraday Target | 124.04 |
| Upside Intraday Target | 139.54 |
| Upside Intraday Target | 142.9 |
| Downside Intraday Target | 133.47 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 136.17 | 127.41 | 136.84 | 127.41 | 0.805 times |
| 22 Fri Mar 2024 | 127.19 | 128.55 | 129.56 | 125.61 | 1.17 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 |
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 Thu Mar 2024 | 136.17 | 131.47 | 136.84 | 125.61 | 0.998 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 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 129.72 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 129.72 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.