Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Donegal Group Inc.

DGICB Technical Analysis Summary (NASDAQ)

Analyze DGICB on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DGICB●NASDAQ
Financial ServicesInsurance - Property & Casualty
$20.90
$1.65(7.32%)
U.S. Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DGICB Technical Analysis Summary (NASDAQ)

Donegal Group Inc. (NASDAQ: DGICB) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.01)
Trend Strength:Weak (ADX: 15.89)
Volatility:Medium (ATR: 0.92)
Support/Resistance:$22.44 – $25.76 (Bollinger Bands)

Technical conditions suggest Donegal Group Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Donegal Group Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.01

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.61

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.15

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.07

Bullish
Steady upward momentum.

Takeaway:Donegal Group Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.20

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.89

Weak
Weak trend, market trading sideways.

ATR (14): 0.92

Low
Low volatility, stable price action.

CCI (14): -58.35

Bearish
Bearish, momentum remains under pressure.

Takeaway:Donegal Group Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.76
Middle Band (SMA 20)
$24.10
Lower Band
$22.44
Current Position
Below Lower Band

Takeaway:Donegal Group Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$25.95
Middle Line (EMA 20)
$24.11
Lower Channel
$22.27
Squeeze Status
Squeeze On

Takeaway:Donegal Group Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-57.82K
Money Flow Index74.48Bullish, inflows support continued momentum.
Relative Vigor Index36.32Bearish, price momentum favors sellers.

Overall Takeaway:DGICB shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Donegal Group Inc. (NASDAQ: DGICB), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Donegal Group Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: DGICB) Technical Analysis FAQ