RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HIG
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Hartford Financial Services Group Inc stock upgraded from Sell Candidate to Buy Candidate after Monday trading session.
(Updated on Jul 22, 2024)

Buy candidate since Jul 22, 2024 PDF

The Hartford Financial Services Group Inc stock price gained 0.96% on the last trading day (Monday, 22nd Jul 2024), rising from $101.11 to $102.08. During the last trading day the stock fluctuated 1.46% from a day low at $101.13 to a day high of $102.61. The price has risen in 9 of the last 10 days and is up by 2.96% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 28 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $146.00 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.21% during the next 3 months and, with a 90% probability hold a price between $101.57 and $108.86 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

HIG Signals & Forecast

Mostly positive signals in the chart today. The Hartford Financial Services Group Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $102.96. On a fall, the stock will find some support from the long-term average at approximately $101.39. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Friday, July 19, 2024, and so far it has risen 0.96%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Friday, May 31, 2024 and based on theory for this formation the price should fall by -2.15% to $99.88 within 9 trading days (Thursday, June 13, 2024) since signal was issued.

Support, Risk & Stop-loss for Hartford Financial Services Group Inc stock

Hartford Financial Services Group Inc finds support from accumulated volume at $100.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.48 (1.46%) between high and low. For the last week, the stock has had daily average volatility of 2.24%.

Our recommended stop-loss: $96.49 (-5.47%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (HIG) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Hartford Financial Services Group Inc (The) to open at $101.94, and during the day (based on 14 day Average True Range), to move between $100.20 and $103.96, which gives a possible trading interval of +/-$1.88 (+/-1.84%) up or down from last closing price. If Hartford Financial Services Group Inc (The) takes out the full calculated possible swing range there will be an estimated 3.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $102.94 (0.84%) than the support at $100.03 (2.01%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Hartford Financial Services Group Inc (The) will release earnings AMC on Thursday, July 25, 2024.The consensus among the analysts for the expected earnings (EPS) is $2.26. We will update the financials statements for Hartford Financial Services Group Inc (The), that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.43% in the first trading day after earnings release.

Is Hartford Financial Services Group Inc (The) stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hartford Financial Services Group Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 3.198 Buy Candidate Upgraded

Predicted Opening Price for Hartford Financial Services Group Inc (The) of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$101.94 ( 0.137%) $102.08

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HIG

Fibonacci Support & Resistance Levels

Level Price
R3 103.42 1.31%
R2 102.85 0.759%
R1 102.51 0.417%
Price 102.08
S1 101.37 -0.691%
S2 101.03 -1.03%
S3 100.46 -1.59%

Accumulated Volume Support & Resistance Levels

Level Price
R3 103.45 1.34%
R2 103.17 1.07%
R1 102.94 0.84%
Price 102.08
S1 100.03 -2.01%
S2 99.75 -2.28%
S3 95.30 -6.64%

HIG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 17, 2024 Sep 03, 2024 Oct 02, 2024 $0.470 0.460%
2 May 15, 2024 Jun 03, 2024 Jul 02, 2024 $0.470 0.470%
3 May 15, 2024 May 31, 2024 Jul 02, 2024 $0.470 0.470%
4 Feb 21, 2024 Mar 01, 2024 Apr 02, 2024 $0.470 0.461%
5 Oct 26, 2023 Nov 30, 2023 Jan 03, 2024 $0.470 0.577%

FAQ

What is the symbol for Hartford Financial Services Group Inc (The) Stock and on which exchange is it traded?
The symbol for Hartford Financial Services Group Inc (The) is HIG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Hartford Financial Services Group Inc (The) Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Hartford Financial Services Group Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Hartford Financial Services Group Inc (The) Stock?
Hartford Financial Services Group Inc (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hartford Financial Services Group Inc (The) Stock.

What's the current price of Hartford Financial Services Group Inc (The) Stock?
As of the end of day on the Jul 22, 2024, the price of an Hartford Financial Services Group Inc (The) (HIG) share was $102.08.

What is the 52-week high and low for Hartford Financial Services Group Inc (The) Stock?
The 52-week high for Hartford Financial Services Group Inc (The) Stock is $106.93 and the 52-week low is $68.83.

What is the market capitalization of Hartford Financial Services Group Inc (The) Stock?
As of the Jul 22, 2024, the market capitalization of Hartford Financial Services Group Inc (The) is 30.191B.

When is the next earnings date for Hartford Financial Services Group Inc (The)?
The upcoming earnings date for Hartford Financial Services Group Inc (The) is Jul 25, 2024.
Click to get the best stock tips daily for free!

About Hartford Financial Services Group Inc (The)

Hartford Financial Services Group (The) The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and spec... HIG Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT