We assign a technical rating of 5 out of 10 to CINF. In the last year, CINF was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CINF has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 162.66, a Stop Loss order could be placed below this zone.
146.24
4 important support areas can be observed.
We found 1 important resistance area.
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 | 68.64 | NEUTRAL | CINF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CINF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CINF is above the rising 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) | 45.07 | NEUTRAL | The RSI value for CINF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests CINF has a negative trend. |
| Stochastics (14,3) | 39.06 | NEUTRAL | The Stochastics value for CINF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for CINF suggests low volalility. |
| Average Directional Index/ADX (14) | 12.04 | NEGATIVE | The low ADX value for CINF suggests a weak or negative trend. |
163.32
-1.63 (-0.99%)
ChartMill assigns a technical rating of 5 / 10 to CINF.
The current trend direction for CINCINNATI FINANCIAL CORP (CINF) is Bullish.
CINCINNATI FINANCIAL CORP (CINF) has an RSI value of 45.0724. This indicates that the stock is currently neutral.
CINCINNATI FINANCIAL CORP (CINF) has a support level at 162.66 and a resistance level at 164.79. Check the full technical report for our detailed analysis of CINF support and resistance levels.