Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.


London Stock Exchange, The

Technical Rating


Taking everything into account, CNA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNA is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CNA is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by CNA over the past year are nicely spread over this period.
CNA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CNA has a been trading in the 112.25 - 122.25 range, which is quite wide. It is currently trading near the high of this range.
CNA has an average volume of 10774700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.


1 Month 3 Months 6 Months 12 Months 6.08% 15.67% 26.44% 50.40% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 97.89 65.74 - 122.25
CNA Weekly chart
CNA Daily chart

Support/Resistance Analysis


When analyzing the support we can see 4 important areas.
  • A support zone ranging from 120.36 to 120.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 110.65 to 117.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @102.28 from a horizontal line in the daily time frame.
  • Support @77.70 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating


Besides having an excellent technical rating, CNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 120.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 117.63, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.

120.37112.248.13 (6.75%)14.81%
An entry @120.37. This is a Buy Stop order right above the resistance zone.An exit @112.24. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 8.13 points, which is 6.75%.When investing 14.81% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.