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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.

DGICBNASDAQ
Financial ServicesInsurance - Property & Casualty
$23.30
$1.44(5.84%)
U.S. Market opens in 4h 21m

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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 Bullish (RSI: 57.25)
Trend Strength:Weak (ADX: 14.63)
Volatility:High (ATR: 1.22)
Support/Resistance:$20.52 – $25.47 (Bollinger Bands)

Technical conditions suggest Donegal Group Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Donegal Group Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 57.25

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 93.75

Bearish
Overbought levels may trigger pullback.

Williams %R: -4.24

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 12.19

Strongly Bullish
Strong upside momentum.

Takeaway:Donegal Group Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.57

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.63

Weak
Weak trend, market trading sideways.

ATR (14): 1.22

Low
Low volatility, stable price action.

CCI (14): 60.90

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.47
Middle Band (SMA 20)
$22.99
Lower Band
$20.52
Current Position
Within Bands

Takeaway:Donegal Group Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$25.96
Middle Line (EMA 20)
$23.52
Lower Channel
$21.07
Squeeze Status
No Squeeze

Takeaway:Donegal Group Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-64.06K
Money Flow Index24.06Bearish, selling pressure outweighs inflows.
Relative Vigor Index46.30Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:DGICB shows bearish money flow, with sellers dominating volume and vigor.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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