pool adsComprehensive non-correlated Cincinnati Financial Corp $CINF Trading Report
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Neutral | Weak |
| P1 | 0 | 0 | 46.62 |
| P2 | 77.84 | 77.41 | 63.20 |
| P3 | 79.23 | 80.21 | 78.02 |
Support and Resistance Plot Chart for CINF
Long Term Trading Plans for CINF
October 21, 2020, 4:00 am ET
The Technical Summary and Trading Plans for CINF help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CINF Report.
CINF - (Long) Support Plan
The technical summary data tells us to buy CINF near 78.02, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 77.79 to protect against excessive loss in case the stock begins to move against the trade. 78.02 is the first level of support below 79.82, and by rule, any test of support is a buy signal. In this case, if support 78.02 is being tested, a buy signal would exist.
CINF - (Short) Resistance Plan
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
