The Hartford Financial Services Group, Inc. | HIG

Daily Technical Analysis of The Hartford Financial Services Group, Inc.

The Hartford Financial Services Group bobbled around today only ended up 0.88% since yesterday.

The Hartford Financial Services Group doesn't seem to be at a very clear reversal point in either direction. The Hartford Financial Services Group has looked pretty good over the last few months. It has definitely cuaght a bid and had a nice run. Over the last 3 months, shareholders are up 14.99 percent. HIG may hit some resistance around the 74.31 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Last analyzed on 2024-03-17

Analyst Ratings for The Hartford Financial Services Group By Price Target And Rating

The analysts feel pretty optimistic about The Hartford Financial Services Group and have been assigning positive ratings. The current Analysts Sentiment Score is 220.79. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Morgan Stanley gave a boost to their price target and moved to $110.00 from $94.00 on 2024-04-15. On 2024-04-12 The Goldman Sachs Group increased their price target by 14.13% to $105.00. Evercore ISI provided a price target boost of 8.33% to $104.00 from $96.00 on 2024-04-11. Wells Fargo & Company boosted their price targ by 10.38% to $117.00 on 2024-04-11. Keefe, Bruyette & Woo provided a price target boost of 5.26% to $120.00 from $114.00 on 2024-04-10. JPMorgan Chase & Co. provided a price target boost of 14.29% to $104.00 from $91.00 on 2024-04-08. TD Cowen gave a boost to their price target and increased it to 144.00 on 2024-04-03. Piper Sandler reiterated a rating of Overweight on 2024-04-01 and added a price target of $115.00. Raymond James reiterated a rating of Outperform on 2024-04-01 and moved up their price target to $120.00 which is a 20% increase. Royal Bank of Canada gave a boost to their price target and moved to $95.00 from $77.00 on 2024-02-05.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
HIG	220.79	159.76	0	282.59	-0.77

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-16)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
HIG	0.00	0.00

Short interest for The Hartford Financial Services Group

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
HIG	1.29	%0.9	1.9	-11.616	2760000

How The Hartford Financial Services Group compares to the broader Financial Services sector and the more specific Insurance industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Insurance Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	12	0.80	3.04	-1.42	5.13	20.75	23.92	63.00	93.22	48.80	55.51	-924.92	-29541.02	20.83	0.00	1.92	52.25
Financial Services Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	370	1.09	4.02	-0.86	-2.90	20.89	14.85	43.01	46.27	21.43	25.72	-8254.86	-12404.45	9.05	5.00	3.99	20.04

Social Sentiment for The Hartford Financial Services Group

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
HIG

Companies with the highest correlation to The Hartford Financial Services Group

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
MET \| MetLife, Inc.	1.71	1.20	4.40	-1.56	1.52	19.69	19.59	73	107.82	32.70	31.85	276.00	-25096.65	150	1.90182
AIG \| American International Gr	1.68	0.98	1.56	-2.13	7.81	25.94	45.41	80	130.17	99.25	118.37	0.00	-29142.27	150	1.40548
CB \| Chubb Limited	1.59	0.52	2.57	-1.61	4.25	20.92	25.01	72	175.24	159.86	68.40	0.00	-50404.17	0	1.37562
PRU \| Prudential Financial, Inc	1.51	0.78	3.61	-3.60	4.94	23.18	30.05	75	131.18	43.06	54.45	0.00	-22910.38	100	2.16878
L \| Loews Corporation	1.33	1.11	4.31	-0.66	5.08	21.49	35.51	76	399.24	136.37	180.61	0.00	-49020.55	0	1.07048
PFG \| Principal Financial Group	1.32	1.13	3.96	-3.71	1.04	19.51	8.25	64	81.35	15.63	16.03	-2827.94	-15481.75	0	2.79668
CINF \| Cincinnati Financial Corp	1.31	0.84	3.32	0.17	7.80	22.64	14.35	87	53.98	12.95	16.15	-548.73	-22449.80	0	2.95725
TRV \| The Travelers Companies,	1.31	0.09	-3.97	-4.99	1.34	32.60	19.37	62	151.07	48.27	33.24	175.16	-40406.18	0	2.2551

Top 3 correlating companies

See full charts for all peers

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc