Technical analysis from The Hanover Insurance (THG, NYSE:THG) on the New York Stock Exchange (NYSE). Download the latest price data & trading signals

The Hanover Insurance
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The Hanover Insurance  is in a short term uptrend with the support price @$119.582
Triangular Moving Average /
The Hanover Insurance is in a short term uptrend with the support price @$119.582

[BULLISH]: The Hanover Insurance currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.4%.

Overbought signal for the Stochastic Oscillator is still current for The Hanover Insurance
Stochastic Oscillator /
Overbought signal for the Stochastic Oscillator is still current for The Hanover Insurance

[BEARISH]: The Hanover Insurance is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Detrended Price Oscillator /
Bullish trading conditions for The Hanover Insurance has been signalled from the DPO (2.056)

[BULLISH]: The Hanover Insurance currently has a confirmed uptrend. Price is currently above the displaced moving average for THG. Currently, the return on DPO20 is 0.4%.

Demarks Pivot Points /
The Hanover Insurance has moved above the R1 DeMark pivot point ($119.568) [Bullish]

The Hanover Insurance has broken the first DeMark support point ($119.568) [Bearish]. Look for a short limit order entry near this point. Exit price for THG should be set @$119.0050 & short position stoploss for The Hanover Insurance should be set at $120.965

Momentum /
Momentum continues to rise for The Hanover Insurance signalling an uptrend will persist

THG: MOM Current Signal -> (1) 25 May: BULLISH (2) 24 May: BULLISH (3) 23 May: BULLISH

Exponential Moving Average /
Price is now trading above the Exponential Moving Average(5) for THG

THG: EMA(5) Recent Trading -> (1) 25 May: 119.6771 (2) 24 May: 119.5957 (3) 23 May: 119.7085

The SWMA trend following signal is now active for The Hanover Insurance  [Bullish]
Sine Weighted Moving Average /
The SWMA trend following signal is now active for The Hanover Insurance [Bullish]

[BULLISH]: The Hanover Insurance currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.4%.

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Close Tod Vs Range Tod /
Daily trading for THG indicated buyers are now in control

THG: Close versus price range Current Signal ->(1) 25 May: BULLISH (2) 24 May: NEUTRAL (3) 23 May: BULLISH

MACD /
THG: Moving Average Convergence Divergence [Bullish]

[BULLISH]: The Hanover Insurance currently has positive MACD of 0.1138. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0.4%.

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Daily trading performance for THG has initiated a short term uptrend
Close Tod Vs Close Yest /
Daily trading performance for THG has initiated a short term uptrend

THG: Recent performance signals ->(1) 25 May: BULLISH (2) 24 May: NEUTRAL (3) 23 May: BULLISH

THG has achieved a lower low of $118.17 (-0.5 %)
Low Price /
THG has achieved a lower low of $118.17 (-0.5 %)

[BULLISH]: The Hanover Insurance current downtrend in the first timeframe. Currently, the Low is $118.17 (-0.5 %).

Daily Volume Index /
Traders are currently distributing The Hanover Insurance

[BEARISH]: The Hanover Insurance current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -7.

Bill Williams Market Facilitation /
The markets willingness to move the price is likely to continue for THG

The Hanover Insurance Currently is a confirmed Fake Day. MFI indicator is up, volume is down for THG. Trend continuation possible for THG from reduced trading activity.

Elders Force Index /
Bullish conditions for THG are likely to continue based on EFI (57242)

THG: Elders Force Index Current Signal -> (1) 25 May: BULLISH (2) 24 May: BULLISH (3) 23 May: BULLISH

THG: Price has moved above the WMA(5) @$119.775
Weighted Moving Average /
THG: Price has moved above the WMA(5) @$119.775

[BULLISH]: The Hanover Insurance currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.4%.

THG Basic Candle: Long White
Long White Candle /
THG Basic Candle: Long White

[BULLISH]: The Hanover Insurance has formed a Long White candlestick. This means, THG has traded with strong buying pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Accumulation / Distribution /
Recent trading signals The Hanover Insurance is being accumulated

[BULLISH]: The Hanover Insurance current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 219391.

Closing Price /
The Hanover Insurance : Daily performance is 0.4 % [Uptrend]

[BULLISH]: The Hanover Insurance current uptrend in the first timeframe. Currently, the Close is $119.84.

Ease of Movement /
The Hanover Insurance was easily moved downward on low volume in recent trading [Bearish]

THG: EOM Current Signal -> (1) 25 May: BEARISH EASY (2) 24 May: BEARISH EASY (3) 23 May: BEARISH EASY

The Hanover Insurance : Buyers have taken control.
Open Tod Vs Close Tod /
The Hanover Insurance : Buyers have taken control.

[BULLISH]: The Hanover Insurance opened in the middle part of daily range at 50.5% & closed in the upper part of the trading range at 85.2%. This suggests the buyers have taken control. Over the last 12 months there has been 29 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 11%. Over the last month there has been 5 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 26.3%.

Ulcer index has reduced in stress level for The Hanover Insurance  & low drawdown is expected
Ulcer Index /
Ulcer index has reduced in stress level for The Hanover Insurance & low drawdown is expected

[BEARISH]: The Hanover Insurance UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.107.

Limit order for a long position has been identified for The Hanover Insurance  [Bullish]
Pivot Points /
Limit order for a long position has been identified for The Hanover Insurance [Bullish]

The Hanover Insurance has broken the first resistance point ($120.59) [Bullish]. Look for a long limit order entry near this point. Exit price for THG should be set @$121.34 & Stoploss for The Hanover Insurance should be set between $117.42 & $116.67

Woodie Pivot Point /
Woodie pivot point for THG is bullish. Stoploss should be positioned @$117.535

The Hanover Insurance has broken the first Woodie resistance point ($120.82) [Bullish]. Look for a long limit order entry near this point. Exit price for THG should be set @$121.455 & Stoploss for The Hanover Insurance should be set at $117.535

Price Range /
The Hanover Insurance : Daily price range is $1.96 [Uptrend]

THG: Price Range Recent Trading -> (1) 25 May: 1.96 (2) 24 May: 1.25 (3) 23 May: 1.5

Percentage Volume /
Volume is still below the short term EMA for THG [Bearish]

[BEARISH]: The Hanover Insurance currently has negative PVO -6.17%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0.9%.

Coles Reaction Day /
[Bearish]: A lower low has been achieved for last trading day for THG

The Hanover Insurance : Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for THG

OBV: Accumulation still active for The Hanover Insurance
On Balance Volume /
OBV: Accumulation still active for The Hanover Insurance

[BULLISH]: The Hanover Insurance current price has highlighted recent accumulation. Currently, the OBV is 867575.

Lower envelope oversold signal had been maintained for The Hanover Insurance
Moving Average Envelope /
Lower envelope oversold signal had been maintained for The Hanover Insurance

[BULLISH]: The Hanover Insurance current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 112.898.

Volume Rate of Change /
VROC continues to fall for The Hanover Insurance signalling an downtrend will persist

[BEARISH]: The Hanover Insurance currently has negative rate of change of -18%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.4%.

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