CNO FINANCIAL GROUP INC (CNO) Stock Technical Analysis
NYSE:CNO - New York Stock Exchange, Inc. - US12621E1038 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CNO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CNO has a been trading in the 38.68 - 42.41 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CNO did better than 92% of all other stocks. We also observe that the gains produced by CNO over the past year are nicely spread over this period.
CNO is one of the better performing stocks in the Insurance industry, it outperforms 88% of 143 stocks in the same industry.
CNO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CNO slightly outperforms the market at the moment.
Besides having an excellent technical rating, CNO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.39, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
30.83
42.15
We found 5 important support areas.
- A support zone ranging from 39.32 to 39.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.49 to 38.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.15 from a trend line in the daily time frame.
- A support zone ranging from 35.75 to 35.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.69 to 41.73. 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
CRS92.18
Mansfield1.63
10 Day High42.41
10 Day Low38.68
20 Day High42.41
20 Day Low38.68
52 Week High42.41
52 Week Low24.92
Performance
1 Week-4.97%
2 Weeks-0.43%
1 Month-1%
3 Month1.67%
6 Month20.32%
12 Month48%
2 Year78.55%
3 Year57.91%
5 Year219.77%
10 Year130.08%
15 Year536.98%
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)-0.23
RSI(14)44.78
LBB39.2
UBB42.19
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 |
|---|---|---|---|
| 40.62 | 39.31 | 1.31 (3.23%) | 25.00% |
| An entry @40.62. This is a Buy Stop order right above the 10 day moving average. | An exit @39.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.31 points, which is 3.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of CNO. 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.
39.62
-0.08 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.2%
1 Week-4.97%
2 Weeks-0.43%
1 Month-1%
3 Month1.67%
6 Month20.32%
12 Month48%
2 Year78.55%
3 Year57.91%
5 Year219.77%
10 Year130.08%
15 Year536.98%
Volatility
ATR(14)1.01
ATR(20)%2.48%
ATR Inc24.18%
Range Today1.25
ADR(20)0.92
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.18
Mansfield1.63
10 Day High42.41
10 Day Low38.68
20 Day High42.41
20 Day Low38.68
52 Week High42.41
52 Week Low24.92
CS1 End39.39
CR1 Start41.69
Volume & EV
DER(3)-1.76%
DER(5)-1.13%
Volume612.80K
Volume Incr9.88%
Vol(5)722.12K
Vol(50)552.03K