CNA FINANCIAL CORP (CNA) Stock Technical Analysis
NYSE:CNA - US1261171003 - Common Stock
48.87 USD
-0.06 (-0.12%)
48.87 USD
0 (0%)
Overall CNA gets a technical rating of 6 out of 10. In the last year, CNA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CNA is a bad performer in the overall market: 73% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CNA has a been trading in the 43.75 - 49.77 range, which is quite wide. It is currently trading near the high of this range.
CNA is part of the Insurance industry. There are 143 other stocks in this industry, CNA did better than 43% of them.
CNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNA is lagging the market.
CNA has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.63
52.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.29 to 48.45. 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 46.92 to 47.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.06 to 44.11. 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 49.01 to 49.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 50.70 to 50.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 51.93 to 51.96. 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 CNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNA is up. |
| ChartMill Relative Strength | 27.13 | NEGATIVE | CNA has a low relative strength, it was outperformed by 72.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.15 | NEUTRAL | The RSI value for CNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.59 | NEUTRAL | The Stochastics value for CNA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for CNA suggests low volalility. |
| Average Directional Index/ADX (14) | 37.97 | POSITIVE | The high ADX value value for CNA suggests a strong 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 |
|---|---|---|---|
| 49.66 | 48.28 | 1.38 (2.78%) | 25.00% |
| An entry @49.66. This is a Buy Stop order right above the resistance zone. | An exit @48.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.38 points, which is 2.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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.
48.87
-0.06 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.12%
1 Week0.8%
2 Weeks2.84%
1 Month9.87%
3 Month2%
6 Month-0.2%
12 Month-5.87%
2 Year24.26%
3 Year27.07%
5 Year51.91%
10 Year35.83%
15 Year87.82%
Volatility
ATR(14)0.65
ATR(20)%1.64%
ATR Inc-24.57%
Range Today0.51
ADR(20)0.76
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.13
Mansfield-0.73
10 Day High49.77
10 Day Low46.99
20 Day High49.77
20 Day Low43.75
52 Week High52.36
52 Week Low43.29
CS1 End48.45
CR1 Start49.01
Volume & EV
DER(3)1.87%
DER(5)1.74%
Volume340.20K
Volume Incr-8.58%
Vol(5)463.12K
Vol(50)585.65K