Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of DGICB will decline by -21.27% over the next 2 Weeks and hit $13.22 by Thursday, November 23, 2023. In that time frame, DGICB's share price is expected to range between $12.95 and $13.52.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 23, 2023 | 12.92 | 13.22 | 13.52 |
| Nov 22, 2023 | 13.39 | 13.67 | 13.95 |
| Nov 21, 2023 | 12.85 | 13.13 | 13.44 |
| Nov 20, 2023 | 12.50 | 12.80 | 13.09 |
| Nov 17, 2023 | 12.99 | 13.26 | 13.56 |
| Nov 16, 2023 | 13.04 | 13.32 | 13.61 |
| Nov 15, 2023 | 13.50 | 13.78 | 14.06 |
| Nov 14, 2023 | 12.97 | 13.24 | 13.52 |
| Nov 13, 2023 | 12.61 | 12.91 | 13.19 |
| Nov 10, 2023 | 13.08 | 13.36 | 13.66 |
| Nov 9, 2023 | 13.15 | 13.43 | 13.71 |
| Nov 7, 2023 | 13.08 | 13.34 | 13.64 |
| Nov 6, 2023 | 12.74 | 13.01 | 13.29 |
| Nov 3, 2023 | 13.21 | 13.47 | 13.77 |
DGICB shares fell -0.06% in Tuesday, February 3, 2026's trading session, dropping from a previous close of $16.80 to move at $16.79. The stock demonstrated notable intraday movement (see DGICB's key stats for a full breakdown), fluctuating between $15.98 and $17.97, a +12.46% trading range. While recent weeks have seen some volatility, DGICB has managed to secure a +6.00% gain over the past 2 weeks. The downward price movement was accompanied by decreased trading volume, with approximately 20 shares changing hands, 1.06K fewer than the previous session. This amounted to $335.80 in total market activity.
Will DGICB Continue Its Downward Trend?
According to analyst ratings and projections for DGICB, Donegal Group Inc. shares are anticipated to decrease by -24.22%, potentially reaching $13.52 per share by November 23, 2023. Short-term technical indicators for DGICB currently suggest a bearish sentiment. Despite this, the stock appears to be in a state of indecision, having seen 15 positive and 15 negative trading days over the last 30 sessions. Based on the DGICB stock forecast, now is not the best time to buy DGICB stock because its current trading price is +27.02% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on DGICB covering social and institutional perspectives.
DGICB Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into DGICB's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 52.62% to 57.38%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 51.66%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 51.28%, maintains a neutral outlook for the long term. Insights into DGICB's shareholder base show how institutional investors are positioning themselves during these momentum shifts

