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Hartford Financial Services Looks to Continue to Trade Above its Annual-High Share Price Today

By James Quinn

Hartford Financial Services (NYSE:HIG) traded at a new 52-week high today of $52.56. So far today approximately 155,000 shares have been exchanged, as compared to an average 30-day volume of 2.5 million shares.

In the past 52 weeks, shares of Hartford Financial Services have traded between a low of $36.54 and a high of $52.56 and are now at $52.44, which is 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

There is potential upside of 0.4% for shares of Hartford Financial Services based on a current price of $52.44 and an average consensus analyst price target of $52.67. Hartford Financial Services shares have support at the 50-day moving average (MA) of $44.95 and additional support at the 200-day MA of $44.78.

The Hartford Financial Services Group, Inc. provides a range of insurance products. The Company's products include property and casualty insurance, annuities, life insurance, investment services, and group insurance. Hartford Financial operates around the world.

SmarTrend recommended that subscribers consider buying shares of Hartford Financial Services on November 9th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.36. Since that recommendation, shares of Hartford Financial Services have risen 15.6%. We continue to monitor HIG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Hartford Financial Services

Ticker(s): HIG