CHUBB LTD (CB) Stock Technical Analysis
NYSE:CB - New York Stock Exchange, Inc. - CH0044328745 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CB. CB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CB has a been trading in the 277.63 - 294.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CB has an average volume of 1612280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, CB outperforms 44% of them, which is more or less in line with the market.
CB is part of the Insurance industry. There are 144 other stocks in this industry, CB did better than 46% of them.
CB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CB is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 281.38, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
249.98
305.49
We found 3 important support areas.
- A support zone ranging from 274.32 to 281.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @265.99 from a trend line in the weekly time frame.
- Support @252.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 283.98 to 287.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @294.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 301.66 to 302.47. 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 | NEUTRAL | NEUTRAL | The long term trend for CB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CB is neutral. |
| ChartMill Relative Strength | 44.38 | NEUTRAL | CB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.03 | NEUTRAL | The RSI value for CB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CB has a negative trend. |
| Stochastics (14,3) | 52.33 | NEUTRAL | The Stochastics value for CB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for CB suggests low volalility. |
| Average Directional Index/ADX (14) | 13.95 | NEGATIVE | The low ADX value for CB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
283.8
+3.72 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.33%
1 Week0.08%
2 Weeks0.58%
1 Month-2.73%
3 Month1.11%
6 Month4.44%
12 Month12.39%
2 Year38.84%
3 Year50.45%
5 Year123.04%
10 Year128.26%
15 Year439.24%
Volatility
ATR(14)4.89
ATR(20)%1.74%
ATR Inc107.05%
Range Today5.57
ADR(20)4.76
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.38
Mansfield-0.71
10 Day High290.5
10 Day Low277.63
20 Day High294.51
20 Day Low277.63
52 Week High306.91
52 Week Low251.42
CS1 End281.38
CR1 Start283.98
Volume & EV
DER(3)2.94%
DER(5)2.29%
Volume1.52M
Volume Incr52.6%
Vol(5)2.35M
Vol(50)1.61M