CHUBB LTD (CB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CB • CH0044328745
Taking everything into account, CB 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, CB 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 CB is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, CB also shows a nice and consistent pattern of rising prices.
- CB is one of the better performing stocks in the Insurance industry, it outperforms 90% of 147 stocks in the same industry.
- A new 52 week high is currently being made by CB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month CB has a been trading in the 296.06 - 335.34 range, which is quite wide. It is currently trading near the high of this range.
- CB has an average volume of 1743620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
263.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 299.97 to 308.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @293.96 from a horizontal line in the daily time frame.
- Support @281.38 from a horizontal line in the daily time frame.
- Support @272.94 from a trend line in the weekly time frame.
- A support zone ranging from 265.99 to 267.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CB is up. |
| ChartMill Relative Strength | 77.42 | POSITIVE | CB has a high relative strength, it outperformed 77.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.92 | OVERBOUGHT | The high RSI value suggests CB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.21 | POSITIVE | The MACD value suggests CB has a positive trend. |
| Stochastics (14,3) | 89.79 | OVERBOUGHT | The high Stochastics value suggests CB may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for CB suggests low volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for CB suggests a possible start of a new trend. |
330.97
-0.31 (-0.09%)
CHUBB LTD / CB FAQ
Can you provide the ChartMill technical rating for CHUBB LTD?
ChartMill assigns a technical rating of 10 / 10 to CB.
Can you provide the trend direction for CHUBB LTD?
The current trend direction for CHUBB LTD (CB) is Bullish.
Can you provide the RSI signal for CHUBB LTD?
CHUBB LTD (CB) has an RSI value of 77.9247. This indicates that the stock is currently overbought.
What is the buy/sell signal for CB stock?
The buy/sell signal for CHUBB LTD (CB) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CHUBB LTD?
CHUBB LTD (CB) has a support level at 308.28. Check the full technical report for our detailed analysis of CB support and resistance levels.