Taking everything into account, CINF scores 5 out of 10 in our technical rating. CINF has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, CINF does present a nice setup opportunity. 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 160.87, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
144.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 158.47 to 160.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 149.79 to 154.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 163.94 to 168.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 60.29 | 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) | 49.59 | NEUTRAL | The RSI value for CINF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests CINF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.41 | OVERSOLD | The low Stochastics value suggests CINF may be oversold. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for CINF suggests low volalility. |
| Average Directional Index/ADX (14) | 16.61 | NEGATIVE | The low ADX value for CINF suggests a weak or negative trend. |
162.62
+1.13 (+0.7%)
CINCINNATI FINANCIAL CORP / CINF FAQ
What is the ChartMill technical rating of CINCINNATI FINANCIAL CORP (CINF) stock?
ChartMill assigns a technical rating of 5 / 10 to CINF.
What is the trend direction for CINF stock?
The current trend direction for CINCINNATI FINANCIAL CORP (CINF) is Bullish.
What is the RSI signal for CINF stock?
CINCINNATI FINANCIAL CORP (CINF) has an RSI value of 49.5852. This indicates that the stock is currently neutral.
What is the support and resistance level for CINF stock?
CINCINNATI FINANCIAL CORP (CINF) has a support level at 160.87 and a resistance level at 163.94. Check the full technical report for our detailed analysis of CINF support and resistance levels.