(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 2024-03-26 View latest technical analysis
10 day averaged volume of Hanover Insurance is 185150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 131.74 | 128.54 | 131.82 | 128.54 | 0.913 times |
| 25 Mon Mar 2024 | 128.89 | 127.41 | 129.72 | 127.41 | 0.84 times |
| 22 Fri Mar 2024 | 127.19 | 127.97 | 127.97 | 127.01 | 0.864 times |
| 21 Thu Mar 2024 | 127.52 | 125.91 | 127.87 | 125.61 | 1.247 times |
| 20 Wed Mar 2024 | 126.31 | 125.73 | 127.14 | 125.73 | 0.958 times |
| 19 Tue Mar 2024 | 126.98 | 126.60 | 127.65 | 126.53 | 0.887 times |
| 18 Mon Mar 2024 | 126.31 | 128.55 | 129.56 | 126.03 | 1.269 times |
| 15 Fri Mar 2024 | 129.07 | 128.14 | 130.33 | 128.14 | 2.039 times |
| 14 Thu Mar 2024 | 129.26 | 130.47 | 130.52 | 127.89 | 0.733 times |
| 13 Wed Mar 2024 | 131.14 | 131.09 | 131.18 | 130.10 | 0.584 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 131.4, but if it comes below 131.4, then a intra day sell could be more profitable.
If you take a sell trade below 131.4, then use 131.4 as stoploss and 129.48 as target. However if you take a buy trade in stock , then use 131.4 as stoploss and 133.7 as target.
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 |
| Upside Target | 131.82 |
| Upside Target | 132.56 |
| Upside Target | 134.71 |
| Upside Target | 136.00 |
| Upside Target | 138.00 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 128.83 |
| Downside Intraday Target | 125.91 |
| Upside Intraday Target | 133.24 |
| Upside Intraday Target | 134.73 |
| Downside Intraday Target | 130.32 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 131.74 | 127.41 | 131.82 | 127.41 | 0.336 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 |
| 26 Tue Mar 2024 | 131.74 | 131.47 | 132.56 | 125.61 | 0.867 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hanover Insurance in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 128.3 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hanover Insurance in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 128.3 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.