CNA FINANCIAL CORP (CNA) Stock Technical Analysis
NYSE:CNA - New York Stock Exchange, Inc. - US1261171003 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CNA. CNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CNA is a bad performer in the overall market: 81% of all stocks are doing better.
CNA is part of the Insurance industry. There are 143 other stocks in this industry, of which 73% are performing better than CNA.
CNA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CNA is lagging the market.
In the last month CNA has a been trading in a tight range between 43.29 and 45.85.
CNA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
42.89
51.21
We found 1 important support area.
- A support zone ranging from 43.32 to 43.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 44.20 to 44.54. 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 45.57 to 47.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.29 to 50.70. 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 | DOWN | NEGATIVE | The long term trend for CNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNA is down. |
| ChartMill Relative Strength | 19.78 | NEGATIVE | CNA has a low relative strength, it was outperformed by 80.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43 | NEUTRAL | The RSI value for CNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.19 | NEUTRAL | The Stochastics value for CNA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for CNA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.96 | NEGATIVE | The low ADX value for CNA 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)
43.89
-0.44 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.99%
1 Week-1.22%
2 Weeks-0.81%
1 Month-3.94%
3 Month-9.26%
6 Month-10.54%
12 Month-10.23%
2 Year11.59%
3 Year14.12%
5 Year36.43%
10 Year21.98%
15 Year68.68%
Volatility
ATR(14)0.74
ATR(20)%1.65%
ATR Inc18.23%
Range Today0.73
ADR(20)0.69
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.78
Mansfield-1.49
10 Day High44.81
10 Day Low43.66
20 Day High45.86
20 Day Low43.29
52 Week High52.36
52 Week Low43.29
CS1 End43.88
CR1 Start44.2
Volume & EV
DER(3)3.7%
DER(5)3.82%
Volume644.00K
Volume Incr-25.4%
Vol(5)531.96K
Vol(50)536.38K