The Greedy Trader Weekly Analysis
Sign In Nov 9, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 6
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Cincinnati Financial
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overboughtRelative Strength Index and MACD bearish divergenceBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a third positive week after 3 consecutive negative weeks for the Cincinnati Financial (CINF). During the week, the CINF gained 1.55 points, or 2.03%, and closed at 78.05 on Friday, November 02, 2018. Weekly volume was 91% above average.

Long-term trend: [See CINF long-term trend chart]
A long-term downtrend had started on August 3, 2017 at 81.98 and reached 66.33 on June 27, 2018. CINF lost 15.65 points, or 19.09%, in 46 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (64.21) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CINF may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CINF medium-term trend chart]
A medium-term uptrend had started on June 27, 2018 at 66.33 and reached 79.70 on October 31, 2018. CINF gained -13.37 points, or -20.16%, in 18 weeks. The price is now at the 12.34% retracement level.

Weekly Technical Indicators: [See CINF weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 20, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See CINF short-term trend chart]
A short-term uptrend had started on October 25, 2018 at 71.01 and reached 79.70 on October 31, 2018. CINF gained -8.69 points, or -12.24%, in 6 days. The price is now at the 18.99% retracement level.

Daily Technical Indicators: [See CINF daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.27
Williams' Percentage Range (W%R) 8.70
Strong Overbought
Lane's Stochastic (%D-Slow) 83.11
Overbought
Greed/Fear Indicator (GFI) 80.55
Overbought
Moving Average Converg./Diverg. (MACD) -0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.35
Bearish
Williams' Percentage Range (W%R) 5.70
Strong Overbought
Lane's Stochastic (%D-Slow) 46.82
Greed/Fear Indicator (GFI) 64.92
Moving Average Converg./Diverg. (MACD) 0.82 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 80.87
Daily Stochastic Crossing 78.49
Price 78.05
50 Day Moving Average 76.43
20 Day Moving Average 75.52
Weekly Stochastic Crossing 75.20
Parabolic System 72.76
Quarterly Trendline Resistance 71.46
Lower Bollinger Band 71.45
Quarterly Trendline Support 64.21
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Prprty/Casualty Insurance 94
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 79.70
High Date 10/31/2018
Low 77.42
Low Date 11/02/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 71.01
Low Date 10/25/2018
High 79.70
High Date 10/31/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 66.33
Low Date 06/27/2018
High 79.70
High Date 10/31/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 71.46
Support 64.21
High 81.98
High Date 08/03/2017
Low 66.33
Low Date 06/27/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 17.06
Low Date 10/10/2008
High 81.98
High Date 08/03/2017
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.