The Hartford. Head & Shoulders Strategy Takeaways the GlenThe Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut.
It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty operations, group benefits and mutual funds.
The Hartford is the 13th-largest property and casualty insurance company in the United States. It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 25 years.
The main technical graph illustrates it's been a long 15-years path since The Hartford NYSE:HIG has 24x crashed within the 2007-09 financial crisis before it reached the bottom in 2009 around $ 3 per share, compared with $ 106 per share at the top of 2007.
Following to massive Head & Shoulders structure, mostly above 5yrs SMA, helped The Hartford to recover almost all losses since 2007 , while currently stocks prices are around $ 85 per share - at the highest level over the past 15 years since January, 2008.
In nowadays technical graph says The Hartford is about to break the rules, while strong H&S breakout is happening and can help stocks to achieve new highs in a short future.
