CINCINNATI FINANCIAL CORP (CINF) Technical Analysis
NASDAQ:CINF • US1720621010
Taking everything into account, CINF scores 4 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.
- 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.
- CINF is one of the better performing stocks in the Insurance industry, it outperforms 81% of 149 stocks in the same industry.
- 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.
- In the last month CINF has a been trading in the 158.91 - 170.10 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.
- When comparing the performance of all stocks over the past year, CINF turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
Although the technical rating is only medium, CINF does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 164.50, a Stop Loss order could be placed below this zone.
More info and screens
150.08
3 important support areas can be observed.
- A support zone ranging from 160.53 to 164.50. 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.
- A resistance zone ranging from 165.92 to 168.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 172.65 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 | 56.64 | NEUTRAL | CINF is not amongst the best or worst performers 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) | 50.15 | NEUTRAL | The RSI value for CINF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CINF has a negative trend. |
| Stochastics (14,3) | 48.11 | NEUTRAL | The Stochastics value for CINF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CINF suggests some volalility. |
| Average Directional Index/ADX (14) | 11.92 | NEGATIVE | The low ADX value for CINF suggests a weak or negative trend. |
CINF Technicals: Chart, Performance Metrics, Trend & Indicators
164.73
+1.41 (+0.86%)
CINCINNATI FINANCIAL CORP / CINF FAQ
What is the ChartMill technical rating of CINCINNATI FINANCIAL CORP (CINF) stock?
ChartMill assigns a technical rating of 4 / 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 50.1466. 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 164.5 and a resistance level at 165.92. Check the full technical report for our detailed analysis of CINF support and resistance levels.