CNO FINANCIAL GROUP INC (CNO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CNO - US12621E1038 - Common Stock
Overall CNO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNO is showing a nice and steady performance.
Although CNO has an excellent technical rating, it does not offer a high quality setup 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
35.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 40.56 to 41.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.59 to 39.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.45 to 38.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.99 from a horizontal line in the weekly time frame.
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 CNO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNO is up. |
| ChartMill Relative Strength | 77.96 | POSITIVE | CNO has a high relative strength, it outperformed 77.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.79 | OVERBOUGHT | The high RSI value suggests CNO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests CNO has a positive trend. |
| Stochastics (14,3) | 92.98 | OVERBOUGHT | The high Stochastics value suggests CNO may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for CNO suggests low volalility. |
| Average Directional Index/ADX (14) | 24.06 | NEUTRAL | The ADX value for CNO suggests a possible start of a new trend. |
43.55
+0.36 (+0.83%)
CNO FINANCIAL GROUP INC / CNO FAQ
What is the ChartMill technical rating of CNO FINANCIAL GROUP INC (CNO) stock?
ChartMill assigns a technical rating of 9 / 10 to CNO.
Can you provide the trend direction for CNO FINANCIAL GROUP INC?
The current trend direction for CNO FINANCIAL GROUP INC (CNO) is Bullish.
What is the RSI signal for CNO FINANCIAL GROUP INC (CNO) stock?
CNO FINANCIAL GROUP INC (CNO) has an RSI value of 72.7901. This indicates that the stock is currently overbought.
What is the short term momentum for CNO FINANCIAL GROUP INC (CNO) stock?
The short term momentum for CNO FINANCIAL GROUP INC (CNO) is positive.
What are the support and resistance levels for CNO FINANCIAL GROUP INC (CNO) stock?
CNO FINANCIAL GROUP INC (CNO) has a support level at 41.88. Check the full technical report for our detailed analysis of CNO support and resistance levels.