Technical Analysis for THG - Hanover Insurance Group Inc

Grade Last Price % Change Price Change
A 137.56 0.79% 1.08
THG closed up 0.79 percent on Friday, May 17, 2024, on 62 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.79%
New 52 Week High Strength 0.79%
Gapped Up Strength 0.79%
Bearish Engulfing Bearish 1.81%
Slingshot Bullish Bullish Swing Setup 1.81%
Cup with Handle Other 1.81%

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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 Personal Automobile Inland Marine Insurance

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 137.66
52 Week Low 101.7006
Average Volume 163,610
200-Day Moving Average 121.44
50-Day Moving Average 131.37
20-Day Moving Average 133.56
10-Day Moving Average 135.52
Average True Range 2.42
RSI (14) 64.54
ADX 24.51
+DI 29.61
-DI 14.83
Chandelier Exit (Long, 3 ATRs) 130.41
Chandelier Exit (Short, 3 ATRs) 133.66
Upper Bollinger Bands 138.20
Lower Bollinger Band 128.91
Percent B (%b) 0.93
BandWidth 6.96
MACD Line 1.51
MACD Signal Line 1.18
MACD Histogram 0.3299
Fundamentals Value
Market Cap 4.92 Billion
Num Shares 35.8 Million
EPS 0.92
Price-to-Earnings (P/E) Ratio 149.52
Price-to-Sales 0.79
Price-to-Book 1.92
PEG Ratio -23.25
Dividend 3.28
Dividend Yield 2.38%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 140.01
Resistance 3 (R3) 139.77 138.71 139.60
Resistance 2 (R2) 138.71 138.09 138.83 139.46
Resistance 1 (R1) 138.14 137.71 138.43 138.38 139.33
Pivot Point 137.08 137.08 137.23 137.20 137.08
Support 1 (S1) 136.51 136.46 136.80 136.75 135.79
Support 2 (S2) 135.45 136.08 135.57 135.66
Support 3 (S3) 134.88 135.45 135.52
Support 4 (S4) 135.12