LON:CNA - London Stock Exchange, The - GB00B033F229 - Common Stock - Currency: GBX
Overall CNA gets a technical rating of 8 out of 10. Although CNA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CNA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 139.23, a Stop Loss order could be placed below this zone.
123.69
We found 3 important support areas.
We found 1 important resistance area.
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 |
---|---|---|---|
151.07 | 145.14 | 5.93 (3.93%) | 25.00% |
An entry @151.07. This is a Buy Stop order right above the resistance zone. | An exit @145.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.93 points, which is 3.93%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
LON:CNA (3/7/2025, 5:35:30 PM)
146.5
-1.9 (-1.28%)