CNO FINANCIAL GROUP INC (CNO)

US12621E1038 - Common Stock

35.39  +0.39 (+1.11%)

After market: 35.39 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CNO. Both in the recent history as in the last year, CNO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CNO did better than 87% of all other stocks. On top of that, CNO also shows a nice and consistent pattern of rising prices.
CNO is one of the better performing stocks in the Insurance industry, it outperforms 82% of 141 stocks in the same industry.
CNO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CNO has a been trading in a tight range between 33.85 and 35.63.
Weekly and Daily overview Charts
CNO Weekly chart
CNO Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CNO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

28.41

35.78

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 34.23 to 34.68. 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 32.92 to 33.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @32.10 from a horizontal line in the daily time frame.
  • Support @28.70 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 35.40 to 35.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.33
Mansfield0.88
10 Day High35.44
10 Day Low33.85
20 Day High35.63
20 Day Low33.85
52 Week High35.63
52 Week Low22.27
Performance
1 Week4.09%
2 Weeks0.83%
1 Month4.21%
3 Month19%
6 Month35.13%
12 Month52.74%
2 Year60.43%
3 Year46.6%
5 Year126.13%
10 Year95.2%
15 Year579.27%
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)-0.02
RSI(14)60.5
LBB33.77
UBB35.34
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
35.4434.221.22 (3.44%)25.00%
An entry @35.44. This is a Buy Stop order right above the resistance zone.An exit @34.22. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.22 points, which is 3.44%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%.

  • 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.
CNO Daily chart

CNO FINANCIAL GROUP INC

NYSE:CNO (10/14/2024, 8:20:14 PM)

After market: 35.39 0 (0%)

35.39

+0.39 (+1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.11%
1 Week4.09%
2 Weeks0.83%
1 Month4.21%
3 Month19%
6 Month35.13%
12 Month52.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.69
ATR(20)%1.91%
ATR Inc
Range Today0.57
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 High35.44
10 Day Low33.85
20 Day High35.63
20 Day Low33.85
52 Week High35.63
52 Week Low22.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume406.20K
Volume Incr-10.92%
Vol(5)717.64K
Vol(50)760.31K