Learn to Evaluate Chubb ($CB) using the Charts

April 14, 2023, 05:00 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CB

• Buy CB slightly over 192.69 target 209.47 stop loss @ 192.13 Details

The technical summary data tells us to buy CB near 192.69 with an upside target of 209.47. This data also tells us to set a stop loss @ 192.13 to protect against excessive loss in case the stock begins to move against the trade. 192.69 is the first level of support below 200.12 , and by rule, any test of support is a buy signal. In this case, support 192.69 would be being tested, so a buy signal would exist.

• Short CB slightly under 209.47, target 192.69, stop loss @ 210.07 Details

The technical summary data is suggesting a short of CB as it gets near 209.47 with a downside target of 192.69. We should have a stop loss in place at 210.07though. 209.47 is the first level of resistance above 200.12, and by rule, any test of resistance is a short signal. In this case, if resistance 209.47 is being tested, so a short signal would exist.

Swing Trading Plans for CB

• Buy CB slightly over 201.66, target 209.47, Stop Loss @ 201.08 Details

If 201.66 begins to break higher, the technical summary data tells us to buy CB just slightly over 201.66, with an upside target of 209.47. The data also tells us to set a stop loss @ 201.08 in case the stock turns against the trade. 201.66 is the first level of resistance above 200.12, and by rule, any break above resistance is a buy signal. In this case, 201.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CB slightly near 201.66, target 197.86, Stop Loss @ 202.24. Details

The technical summary data is suggesting a short of CB if it tests 201.66 with a downside target of 197.86. We should have a stop loss in place at 202.24 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 201.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CB

• Buy CB slightly over 200.50, target 201.66, Stop Loss @ 200.03 Details

If 200.50 begins to break higher, the technical summary data tells us to buy CB just slightly over 200.50, with an upside target of 201.66. The data also tells us to set a stop loss @ 200.03 in case the stock turns against the trade. 200.50 is the first level of resistance above 200.12, and by rule, any break above resistance is a buy signal. In this case, 200.50, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CB slightly near 200.50, target 198.53, Stop Loss @ 200.97. Details

The technical summary data is suggesting a short of CB if it tests 200.50 with a downside target of 198.53. We should have a stop loss in place at 200.97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 200.50, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Chubb (CB) available here: CB.

CB Ratings for April 14:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	192.69
P2	198.53	197.86	209.47
P3	200.50	201.66	226.27

AI Generated Signals for CB

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Chubb (NYSE: CB) report below can help you understand how to do this. The trading plans for CB, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.