CNO FINANCIAL GROUP INC (CNO) Stock Technical Analysis
NYSE:CNO • US12621E1038
We assign a technical rating of 3 out of 10 to CNO. In the last year, CNO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- CNO 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 CNO is lagging the market slightly.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, CNO outperforms 43% of them, which is more or less in line with the market.
- CNO is an average performer in the Insurance industry, it outperforms 65% of 149 stocks in the same industry.
- In the last month CNO has a been trading in the 40.60 - 44.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.72, a Stop Loss order could be placed below this zone.
More info and screens
35.63
3 important support areas can be observed.
- A support zone ranging from 41.61 to 41.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.48 to 40.41. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 42.20 to 42.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.65 to 44.65. 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 | NEUTRAL | NEUTRAL | The long term trend for CNO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNO is neutral. |
| ChartMill Relative Strength | 43.13 | NEUTRAL | CNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNO is below a declining 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) | 46.3 | NEUTRAL | The RSI value for CNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CNO has a negative trend. |
| Stochastics (14,3) | 42.24 | NEUTRAL | The Stochastics value for CNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for CNO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for CNO suggests a weak or negative trend. |
41.81
-1.26 (-2.93%)
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 3 / 10 to CNO.
What is the current trend direction of CNO FINANCIAL GROUP INC (CNO) stock?
The current trend direction for CNO FINANCIAL GROUP INC (CNO) is Bearish.
What is the RSI signal for CNO FINANCIAL GROUP INC (CNO) stock?
CNO FINANCIAL GROUP INC (CNO) has an RSI value of 46.2976. This indicates that the stock is currently neutral.
What is the support and resistance level for CNO stock?
CNO FINANCIAL GROUP INC (CNO) has a support level at 41.72 and a resistance level at 42.2. Check the full technical report for our detailed analysis of CNO support and resistance levels.