HGTY Stock Tickeron detected bullish Stock Pattern: Triangle Ascending HGTY on February 04, 2025, netting in a 1.32% gain over 1 week

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HGTY - Hagerty

Ticker: HGTY

Company: Hagerty

Gain: +1.32%

Confirmed: 02/04/25

Succeeded: 02/12/25

Total length: 8 days

HGTY in upward trend: 10-day moving average broke above 50-day moving average on February 19, 2025

The 10-day moving average for HGTY crossed bullishly above the 50-day moving average on February 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for HGTY just turned positive on January 15, 2025. Looking at past instances where HGTY's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HGTY advanced for three days, in of 182 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 119 cases where HGTY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 42 cases where HGTY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HGTY as a result. In of 68 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

HGTY moved below its 50-day moving average on February 14, 2025 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for HGTY moved below the 200-day moving average on February 03, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HGTY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HGTY broke above its upper Bollinger Band on February 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HGTY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: HGTY's P/B Ratio (8.340) is very high in comparison to the industry average of (2.121). HGTY has a moderately high P/E Ratio (101.444) as compared to the industry average of (31.462). HGTY's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.023). HGTY has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.031). HGTY's P/S Ratio (3.071) is slightly higher than the industry average of (1.436).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HGTY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 53, placing this stock worse than average.