CNA FINANCIAL CORP (CNA) Technical Analysis
NYSE:CNA • US1261171003
Current stock price
CNA Technical Rating and Analysis
Overall CNA gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CNA is a bad performer.
- When comparing the yearly performance of all stocks, CNA is a bad performer in the overall market: 66% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- CNA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CNA is an average performer in the Insurance industry, it outperforms 61% of 148 stocks in the same industry.
- 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 Weekly and Daily overview Charts
CNA Setup Rating and Analysis
Although the technical rating is only medium, CNA does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 49.04. Right above this resistance zone may be a good entry point.
More info and screens
CNA Support and Resistance Analysis
42.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.26 to 47.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @45.12 from a horizontal line in the daily time frame.
- A support zone ranging from 43.32 to 44.25. 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 49.04 to 50.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
CNA 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 | 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 | 34.51 | NEUTRAL | CNA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CNA is above a declining 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) | 53.76 | NEUTRAL | The RSI value for CNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.5 | NEUTRAL | The Stochastics value for CNA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for CNA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for CNA suggests a possible start of a new trend. |
CNA Chart- and CandleStick Pattern Analysis
CNA Technicals: Chart, Performance Metrics, Trend & Indicators
48.04
-0.19 (-0.39%)
CNA FINANCIAL CORP / CNA TA FAQ
What is the ChartMill technical rating of CNA FINANCIAL CORP (CNA) stock?
ChartMill assigns a technical rating of 5 / 10 to CNA.
What is the current trend direction of CNA FINANCIAL CORP (CNA) stock?
The current trend direction for CNA FINANCIAL CORP (CNA) is Bullish.
What is the RSI signal for CNA FINANCIAL CORP (CNA) stock?
CNA FINANCIAL CORP (CNA) has an RSI value of 53.7588. This indicates that the stock is currently neutral.
What is the MACD signal for CNA stock?
The MACD indicator for CNA FINANCIAL CORP (CNA) has a value of 0.0258539, indicating a bearish trend.
Can you provide the buy/sell signal for CNA FINANCIAL CORP?
The buy/sell signal for CNA FINANCIAL CORP (CNA) is buy as both the short term and long term trends are positive.