(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 2024-05-06 View latest technical analysis
10 day averaged volume of Hanover Insurance is 206330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 134.73 | 134.73 | 135.90 | 134.49 | 0.609 times |
| 03 Fri May 2024 | 133.64 | 131.01 | 134.52 | 129.18 | 1.221 times |
| 02 Thu May 2024 | 130.68 | 135.00 | 136.58 | 129.02 | 1.894 times |
| 01 Wed May 2024 | 131.15 | 129.64 | 132.28 | 129.64 | 1.033 times |
| 30 Tue Apr 2024 | 129.82 | 129.98 | 130.01 | 128.78 | 0.831 times |
| 29 Mon Apr 2024 | 130.22 | 129.74 | 131.06 | 129.68 | 0.787 times |
| 26 Fri Apr 2024 | 129.59 | 130.41 | 131.11 | 129.28 | 0.905 times |
| 25 Thu Apr 2024 | 131.35 | 132.03 | 132.34 | 130.72 | 0.843 times |
| 24 Wed Apr 2024 | 132.62 | 132.56 | 133.98 | 131.86 | 0.95 times |
| 23 Tue Apr 2024 | 133.52 | 133.69 | 134.51 | 132.39 | 0.935 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 135.4, for a target of 132.8 or 130.55
Share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Target | 120.64 |
| Downside Target | 125.61 |
| Downside Target | 134.49 |
| Downside Target | 134.51 |
| Downside Target | 134.71 |
| Upside Target | 135.88 |
| Upside Target | 135.90 |
| Upside Target | 136.58 |
| Upside Target | 136.84 |
| Upside Target | 138.00 |
Intraday share price targets for Hanover Insurance (THG)
| Target Type | Value |
| Downside Intraday Target | 134.18 |
| Downside Intraday Target | 133.63 |
| Upside Intraday Target | 135.59 |
| Upside Intraday Target | 136.45 |
| Upside Intraday Target | 135.04 |
Weekly technical analysis of Hanover Insurance (THG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 134.73 | 134.73 | 135.90 | 134.49 | 0.106 times |
| 03 Fri May 2024 | 133.64 | 129.74 | 136.58 | 128.78 | 1.362 times |
| 26 Fri Apr 2024 | 129.59 | 132.28 | 134.51 | 129.28 | 0.965 times |
| 19 Fri Apr 2024 | 131.08 | 129.29 | 131.59 | 126.41 | 1.238 times |
| 12 Fri Apr 2024 | 128.43 | 129.93 | 133.55 | 127.78 | 1.156 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 |
| 06 Mon May 2024 | 134.73 | 129.64 | 136.58 | 129.02 | 0.282 times |
| 30 Tue Apr 2024 | 129.82 | 135.88 | 135.88 | 126.41 | 1.007 times |
| 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 but buying is losing 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 131.64 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 but buying is losing 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 131.64 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.