CINCINNATI FINANCIAL CORP (CINF) Technical Analysis
NASDAQ:CINF • US1720621010
Current stock price
CINF Technical Rating and Analysis
Taking everything into account, CINF scores 1 out of 10 in our technical rating. CINF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- CINF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CINF is part of the Insurance industry. There are 148 other stocks in this industry. CINF outperforms 78% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, CINF outperforms 56% of them, which is more or less in line with the market.
- CINF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CINF is lagging the market slightly.
CINF Weekly and Daily overview Charts
CINF Setup Rating and Analysis
Although the technical rating is bad, CINF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 160.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 157.34, a Stop Loss order could be placed below this zone.
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CINF Support and Resistance Analysis
151.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 157.03 to 157.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 152.95 to 154.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 160.41 to 163.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @168.48 from a horizontal line 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.
CINF Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CINF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CINF is down. |
| ChartMill Relative Strength | 56.13 | 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) | DOWN | NEGATIVE | The current price of CINF is below 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) | 45.69 | NEUTRAL | The RSI value for CINF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CINF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.42 | NEUTRAL | The Stochastics value for CINF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CINF suggests some volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for CINF suggests a weak or negative trend. |
CINF Chart- and CandleStick Pattern Analysis
CINF Technicals: Chart, Performance Metrics, Trend & Indicators
158.41
+0.75 (+0.48%)
CINCINNATI FINANCIAL CORP / CINF TA FAQ
What is the ChartMill technical rating of CINCINNATI FINANCIAL CORP (CINF) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for CINCINNATI FINANCIAL CORP (CINF) stock?
CINCINNATI FINANCIAL CORP (CINF) has an RSI value of 45.6852. This indicates that the stock is currently neutral.
What is the short term momentum for CINF stock?
The short term momentum for CINCINNATI FINANCIAL CORP (CINF) is negative.