CNA FINANCIAL CORP (CNA) Stock Technical Analysis
NYSE:CNA - New York Stock Exchange, Inc. - US1261171003 - Common Stock - Currency: USD
Taking everything into account, CNA scores 6 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
CNA is one of the better performing stocks in the Insurance industry, it outperforms 71% of 143 stocks in the same industry.
CNA 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 CNA is lagging the market slightly.
In the last month CNA has a been trading in the 47.02 - 51.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, CNA outperforms 63% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
CNA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 49.21, a Stop Loss order could be placed below this zone.
More info and screens
45.39
52.48
2 important support areas can be observed.
- A support zone ranging from 48.52 to 49.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.85 to 47.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @49.36 from a trend line in the daily time frame.
- Resistance @50.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 51.93 to 51.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63
Mansfield-0.33
10 Day High51.34
10 Day Low47.03
20 Day High51.34
20 Day Low47.03
52 Week High52.36
52 Week Low42.33
Performance
1 Week-0.28%
2 Weeks-0.87%
1 Month2.24%
3 Month-0.77%
6 Month-3%
12 Month10.61%
2 Year12.43%
3 Year7.7%
5 Year18.37%
10 Year17.67%
15 Year100.16%
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
RSI(14)52.06
LBB48.4
UBB49.84
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 |
|---|---|---|---|
| 49.37 | 48.51 | 0.86 (1.74%) | 25.00% |
| An entry @49.37. This is a Buy Stop order right above the resistance zone. | An exit @48.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.86 points, which is 1.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- The distance between exit and entry is rather small compared to the average daily movement of CNA. Please evaluate whether better entry and exit points can be found.
- 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.
49.22
-0.46 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.93%
1 Week-0.28%
2 Weeks-0.87%
1 Month2.24%
3 Month-0.77%
6 Month-3%
12 Month10.61%
2 Year12.43%
3 Year7.7%
5 Year18.37%
10 Year17.67%
15 Year100.16%
Volatility
ATR(14)1.08
ATR(20)%2.15%
ATR Inc-10.85%
Range Today1
ADR(20)1.02
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63
Mansfield-0.33
10 Day High51.34
10 Day Low47.03
20 Day High51.34
20 Day Low47.03
52 Week High52.36
52 Week Low42.33
CS1 End49.21
CR1 Start49.36
Volume & EV
DER(3)-6.25%
DER(5)-6.7%
Volume580.70K
Volume Incr58.04%
Vol(5)436.72K
Vol(50)282.63K