|
Property & Casualty Insurance Industry Stocks Technical Analysis - CINFArchive - 4/4/2025 - Sign In to see current Signals. |
Cincinnati Financial (CINF) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Cincinnati Financial (CINF). During the week, the CINF dropped -13.90 points, or -9.55%, and closed at 131.70 on Friday, April 4, 2025. Weekly volume was 31% above average.
Long-term trend: [See CINF long-term trend chart] A long-term uptrend had started on October 10, 2008 at 17.06 and reached 161.75 on November 27, 2024. CINF gained -144.69 points, or -848.12%, in 841 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 58.28 and resistance is at 171.33. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See CINF medium-term trend chart] A medium-term downtrend had started on November 27, 2024 at 161.75 and reached 130.70 on April 4, 2025. CINF lost 31.05 points, or 19.20%, in 18 weeks. Price is near the trend low.
Weekly Technical Indicators: [See CINF weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See CINF short-term trend chart] A short-term downtrend had started on March 3, 2025 at 150.40 and reached 130.70 on April 4, 2025. CINF lost 19.70 points, or 13.10%, in 32 days. The price is now at the 5.08% retracement level.
Daily Technical Indicators: [See CINF daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|