CINCINNATI FINANCIAL CORP (CINF) Technical Analysis
NASDAQ:CINF • US1720621010
Overall CINF gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that CINF is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by CINF over the past year are nicely spread over this period.
- CINF is one of the better performing stocks in the Insurance industry, it outperforms 83% of 149 stocks in the same industry.
- CINF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CINF is performing more or less in line with the market.
- In the last month CINF has a been trading in the 158.91 - 174.27 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.
CINF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 168.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 165.28, a Stop Loss order could be placed below this zone.
More info and screens
150.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 160.34 to 165.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 157.02 to 157.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 151.60 to 152.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @168.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 172.66 to 172.66. 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 CINF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CINF is neutral. |
| ChartMill Relative Strength | 70.07 | POSITIVE | CINF has a high relative strength, it outperformed 70.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CINF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CINF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CINF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.31 | NEUTRAL | The RSI value for CINF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CINF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.37 | NEUTRAL | The Stochastics value for CINF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CINF suggests some volalility. |
| Average Directional Index/ADX (14) | 12.54 | NEGATIVE | The low ADX value for CINF suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 168.49 | 160.33 | 8.16 (4.84%) | 20.65% |
| An entry @168.49. This is a Buy Stop order right above the resistance zone. | An exit @160.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.16 points, which is 4.84%. | When investing 20.65% 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.
CINF Technicals: Chart, Performance Metrics, Trend & Indicators
165.39
-0.95 (-0.57%)
CINCINNATI FINANCIAL CORP / CINF FAQ
What is the ChartMill technical rating of CINCINNATI FINANCIAL CORP (CINF) stock?
ChartMill assigns a technical rating of 6 / 10 to CINF.
What is the current trend direction of CINCINNATI FINANCIAL CORP (CINF) stock?
The current trend direction for CINCINNATI FINANCIAL CORP (CINF) is Bullish.
Can you provide the RSI signal for CINCINNATI FINANCIAL CORP?
CINCINNATI FINANCIAL CORP (CINF) has an RSI value of 51.3129. This indicates that the stock is currently neutral.
What are the support and resistance levels for CINCINNATI FINANCIAL CORP (CINF) stock?
CINCINNATI FINANCIAL CORP (CINF) has a support level at 165.28 and a resistance level at 168.48. Check the full technical report for our detailed analysis of CINF support and resistance levels.