The Greedy Trader Weekly Analysis
Sign In Sep 14, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 8
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 :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the Cincinnati Financial (CINF). During the week, the CINF climbed 0.49 points, or 0.64%, and closed at 77.16 on Friday, September 07, 2018. Weekly volume was -37% below 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 (65.54) 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 77.99 on September 6, 2018. CINF gained -11.66 points, or -17.58%, in 10 weeks. The price is now at the 7.12% retracement level.

Weekly Technical Indicators: [See CINF weekly technical indicators chart]
Weekly 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 weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 Lane's Stochastic 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 August 13, 2018 at 73.59 and reached 77.99 on September 6, 2018. CINF gained -4.40 points, or -5.98%, in 24 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 76.43 and resistance is at 78.38. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See CINF daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.

The daily MACD line is below its signal line since August 10, 2018. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.59
Williams' Percentage Range (W%R) 6.40
Strong Overbought
Lane's Stochastic (%D-Slow) 76.72
Greed/Fear Indicator (GFI) 78.98
Moving Average Converg./Diverg. (MACD) 1.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.26
Williams' Percentage Range (W%R) 2.40
Strong Overbought
Lane's Stochastic (%D-Slow) 88.41
Overbought
Greed/Fear Indicator (GFI) 83.26
Overbought
Moving Average Converg./Diverg. (MACD) -0.25
Trading Signals
Description Value Chart
Weekly Trendline Resistance 78.38
Upper Bollinger Band 78.28
Daily Stochastic Crossing 77.58
Price 77.16
Weekly Stochastic Crossing 77.05
Parabolic System 76.45
Weekly Trendline Support 76.43
20 Day Moving Average 76.09
Lower Bollinger Band 73.90
50 Day Moving Average 73.32
Quarterly Trendline Resistance 72.79
Quarterly Trendline Support 65.54
Sector and Industry
Description Name Rank
Sector Financial 6
Industry Prprty/Casualty Insurance 100
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 77.99
High Date 09/06/2018
Low 77.05
Low Date 09/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 78.38
Support 76.43
Low 73.59
Low Date 08/13/2018
High 77.99
High Date 09/06/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 66.33
Low Date 06/27/2018
High 77.99
High Date 09/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 72.79
Support 65.54
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.