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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
$22.00
$1.14(5.47%)
U.S. Market is Open · 11:25

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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 Bearish (RSI: 44.93)
Trend Strength:Strong (ADX: 30.87)
Volatility:High (ATR: 1.81)
Support/Resistance:$19.56 – $26.71 (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): 44.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 3.05

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.92

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.20

Strongly Bearish
Sharp downside momentum.

Takeaway:Donegal Group Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.87

Strong
Strong trend, momentum well established.

ATR (14): 1.81

Low
Low volatility, stable price action.

CCI (14): -114.30

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Donegal Group Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.71
Middle Band (SMA 20)
$23.14
Lower Band
$19.56
Current Position
Within Bands

Takeaway:Donegal Group Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$26.04
Middle Line (EMA 20)
$22.43
Lower Channel
$18.82
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-125.51K
Money Flow Index15.59Bullish, oversold conditions signal rebound potential.
Relative Vigor Index35.04Bearish, price momentum favors sellers.

Overall Takeaway:DGICB shows oversold money flow, with rebound potential building.

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.

ADX above 20 → strong underlying trend.

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