Hartford's most recent trend suggests a bullish bias. One trading opportunity on Hartford is a Bull Put Spread using a strike $35.00 short put and a strike $25.00 long put offers a potential 5.49% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $35.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $9.48 would be incurred if the stock dropped below the $25.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Hartford is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Hartford is bullish.
The RSI indicator is at 61.2 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Hartford
Hartford Financial's New Premium Payback Plan to Aid Customers
Mon, 13 Apr 2020 16:07:04 +0000
Hartford Financial's (HIG) new premium payback plan will provide 15% refund to customers on their April and May personal auto insurance premiums.
Why The Hartford (HIG) is Poised to Beat Earnings Estimates Again
Fri, 10 Apr 2020 16:10:04 +0000
The Hartford (HIG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Hartford’s COVID-19 Personal Auto Payback Plan To Provide Customers With Relief During Pandemic
Thu, 09 Apr 2020 21:10:00 +0000
The Hartford’s COVID-19 Personal Auto Payback Plan to provide customers with relief during pandemic.
How Does Hartford Financial Services Group's (NYSE:HIG) P/E Compare To Its Industry, After The Share Price Drop?
Wed, 01 Apr 2020 11:36:21 +0000
Unfortunately for some shareholders, the Hartford Financial Services Group (NYSE:HIG) share price has dived 34% in the…
3 Best Hartford Funds for Decent Returns
Mon, 30 Mar 2020 13:38:01 +0000
Below we share with you three top-ranked Hartford mutual funds. Each has a Zacks Mutual Fund Rank 1 (Strong Buy)
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