CNA FINANCIAL CORP (CNA)
US1261171003 - Common Stock
We assign a technical rating of 10 out of 10 to CNA. Both in the recent history as in the last year, CNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CNA is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by CNA over the past year are nicely spread over this period.
CNA 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 CNA is lagging the market slightly.
CNA is an average performer in the Insurance industry, it outperforms 67% of 140 stocks in the same industry.
In the last month CNA has a been trading in the 48.65 - 52.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CNA has an excellent technical rating, the quality of the presented setup is not ideal 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
42.37
52.48
We found 4 important support areas.
- Support @50.10 from a trend line in the daily time frame.
- Support @47.20 from a horizontal line in the daily time frame.
- A support zone ranging from 44.55 to 45.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 42.80 to 43.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.32
Mansfield0.11
10 Day High52.36
10 Day Low49.11
20 Day High52.36
20 Day Low48.65
52 Week High52.36
52 Week Low37.95
Performance
1 Week-1.7%
2 Weeks-3.07%
1 Month2.93%
3 Month15.92%
6 Month13.36%
12 Month28.33%
2 Year36.12%
3 Year19.71%
5 Year1.99%
10 Year32.08%
15 Year108.08%
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)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)50.61
LBB49.66
UBB52.67
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 |
|---|---|---|---|
| 51.02 | 50.09 | 0.93 (1.82%) | 25.00% |
| An entry @51.02. This is a Buy Stop order right above the 10 day moving average. | An exit @50.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.93 points, which is 1.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- The distance between exit and entry is rather small compared to the average daily movement of CNA. Please evaluate whether better entry and exit points can be found.
- 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.
CNA FINANCIAL CORP
NYSE:CNA (9/13/2024, 8:07:00 PM)
After market: 50.23 0 (0%)50.23
+0.27 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.54%
1 Week-1.7%
2 Weeks-3.07%
1 Month2.93%
3 Month15.92%
6 Month13.36%
12 Month28.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.88
ATR(20)%1.63%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.36
10 Day Low49.11
20 Day High52.36
20 Day Low48.65
52 Week High52.36
52 Week Low37.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume186.00K
Volume Incr15.65%
Vol(5)268.62K
Vol(50)259.91K