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Archive - 4/17/2025 - Sign In to see current Signals. |
Hartford Financial Svc.Gp. (HIG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Hartford Financial Svc.Gp. (HIG). During the week, the HIG gained 1.70 points, or 1.46%, and closed at 117.80 on Thursday, April 17, 2025. Weekly volume was -13% below average. HIG is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See HIG long-term trend chart] A long-term uptrend had started on March 18, 2020 at 19.04 and reached 125.10 on April 2, 2025. HIG gained -106.06 points, or -557.04%, in 263 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (98.02) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See HIG medium-term trend chart] A medium-term uptrend had started on January 10, 2025 at 104.90 and reached 125.10 on April 2, 2025. HIG gained -20.20 points, or -19.26%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 110.16 and resistance is at 127.59. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See HIG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since March 14, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See HIG short-term trend chart] A short-term downtrend had started on April 2, 2025 at 125.10 and reached 107.50 on April 7, 2025. HIG lost 17.60 points, or 14.07%, in 5 days. The price is now at the 58.52% retracement level.
Daily Technical Indicators: [See HIG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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