Technical Analysis for THG - Hanover Insurance Group Inc

Grade Last Price % Change Price Change
A 163.16 -0.75% -1.23
THG closed down 0.75 percent on Tuesday, November 19, 2024, on 85 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing High Bullish -0.75%
New 52 Week High Strength -0.75%
Overbought Stochastic Strength -0.75%
NR7 Range Contraction -0.20%
NR7-2 Range Contraction -0.20%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 13 hours ago
Fell Below Previous Day's Low about 18 hours ago
Down 1% about 18 hours ago
New 52 Week High 1 day ago
Rose Above Previous Day's High 1 day ago

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Profile

Hanover Insurance Group Inc Description

The Hanover Insurance Group, Inc., through its subsidiaries, underwrites commercial and personal property, and casualty insurance coverage in the United States. It operates in four segments: Commercial Lines, Personal Lines, Chaucer, and Other Property and Casualty. The Commercial Lines segment provides commercial multiple peril; commercial automobile; workers' compensation; and other commercial coverages, including AIX program business, inland marine, and surety, as well as management and professional liability, specialty property, healthcare, umbrella and monoline general liability, and fire. The Personal Lines segment offers personal automobile and homeowners, as well as other personal lines, such as personal inland marine, umbrella, fire, personal watercraft, earthquake, and other miscellaneous coverages. The Chaucer segment provides marine and aviation, energy, property, and motor, as well as casualty and other coverages, which include liability coverage for professional and commercial risks, crime and professional liability coverage for financial institutions, medical malpractice, and workers' compensation. The Other Property and Casualty segment provides investment advisory services; and manages assets for unaffiliated institutions, such as insurance companies, retirement plans, and foundations. The company sells its products and services through a network of independent agents and insurance brokers, as well as through comparative Website aggregators. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.


Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: Insurance Casualty Insurance Insurance Industry Investment Advisory Services General Insurance Insurance Broker Insurance Coverage Liability Insurance Watercraft Crime Medical Malpractice Casualty Insurance Coverage Inland Marine Insurance Personal Automobile

Is THG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 165.275
52 Week Low 115.5029
Average Volume 176,742
200-Day Moving Average 135.53
50-Day Moving Average 151.16
20-Day Moving Average 155.34
10-Day Moving Average 161.53
Average True Range 3.34
RSI (14) 66.67
ADX 39.31
+DI 34.14
-DI 11.64
Chandelier Exit (Long, 3 ATRs) 155.25
Chandelier Exit (Short, 3 ATRs) 156.31
Upper Bollinger Bands 168.45
Lower Bollinger Band 142.23
Percent B (%b) 0.8
BandWidth 16.88
MACD Line 4.11
MACD Signal Line 3.29
MACD Histogram 0.8232
Fundamentals Value
Market Cap 5.84 Billion
Num Shares 35.8 Million
EPS 0.92
Price-to-Earnings (P/E) Ratio 177.35
Price-to-Sales 0.79
Price-to-Book 1.92
PEG Ratio -23.25
Dividend 3.28
Dividend Yield 2.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 165.56
Resistance 3 (R3) 165.41 164.47 165.16
Resistance 2 (R2) 164.47 163.86 164.54 165.03
Resistance 1 (R1) 163.81 163.48 164.14 163.96 164.89
Pivot Point 162.87 162.87 163.03 162.94 162.87
Support 1 (S1) 162.21 162.26 162.54 162.36 161.43
Support 2 (S2) 161.27 161.88 161.34 161.29
Support 3 (S3) 160.61 161.27 161.16
Support 4 (S4) 160.76