CINCINNATI FINANCIAL CORP (CINF) Stock Technical Analysis
USA - NASDAQ:CINF - US1720621010 - Common Stock
155.93 USD
+1.45 (+0.94%)
155.93 USD
0 (0%)
Overall CINF gets a technical rating of 7 out of 10. Although CINF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
CINF is part of the Insurance industry. There are 146 other stocks in this industry. CINF outperforms 73% of them.
CINF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CINF is lagging the market slightly.
When compared to the yearly performance of all other stocks, CINF outperforms 64% of them, which is more or less in line with the market.
In the last month CINF has a been trading in a tight range between 151.22 and 157.67.
Besides having an excellent technical rating, CINF also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 155.40, 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
140.23
161.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 149.79 to 155.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 141.65 to 145.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 159.84 to 160.17. 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 | UP | POSITIVE | The short term trend for CINF is up. |
| ChartMill Relative Strength | 64.6 | NEUTRAL | CINF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CINF is above the rising 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) | DOWN | MIXED | The current price of CINF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.42 | NEUTRAL | The RSI value for CINF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CINF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.78 | NEUTRAL | The Stochastics value for CINF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for CINF suggests low volalility. |
| Average Directional Index/ADX (14) | 15.57 | NEGATIVE | The low ADX value for CINF 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)
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 |
|---|---|---|---|
| 160.18 | 151.21 | 8.97 (5.60%) | 17.86% |
| An entry @160.18. This is a Buy Stop order right above the resistance zone. | An exit @151.21. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.97 points, which is 5.60%. | For a 1.00% total portfolio risk, you can invest 17.86% of your capital in this trade. |
- 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.
155.93
+1.45 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.94%
1 Week-0.53%
2 Weeks0.22%
1 Month1.48%
3 Month7.21%
6 Month7.08%
12 Month15.82%
2 Year52.44%
3 Year74.09%
5 Year99.99%
10 Year189.83%
15 Year441.05%
Volatility
ATR(14)2.4
ATR(20)%1.44%
ATR Inc34.19%
Range Today2.44
ADR(20)2.08
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.6
Mansfield-0.35
10 Day High157.67
10 Day Low151.22
20 Day High157.67
20 Day Low151.22
52 Week High161.75
52 Week Low123.01
CS1 End155.4
CR1 Start159.84
Volume & EV
DER(3)-2.52%
DER(5)-2.54%
Volume426.00K
Volume Incr10.85%
Vol(5)479.18K
Vol(50)513.99K