How the (CB) price action is used to our Advantage

January 01, 2025, 21:10 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CB

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short CB slightly under 277.19, target n/a, stop loss @ 277.99 Details

The technical summary data is suggesting a short of CB as it gets near 277.19, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 277.99. 277.19 is the first level of resistance above 276.3, and by rule, any test of resistance is a short signal. In this case, if resistance 277.19 is being tested, so a short signal would exist.

Swing Trading Plans for CB

• Buy CB slightly over 277.19, target 278, Stop Loss @ 276.39 Details

If 277.19 begins to break higher, the technical summary data tells us to buy CB just slightly over 277.19, with an upside target of 278. The data also tells us to set a stop loss @ 276.39 in case the stock turns against the trade. 277.19 is the first level of resistance above 276.3, and by rule, any break above resistance is a buy signal. In this case, 277.19, 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 277.19, target 274.26, Stop Loss @ 277.99. Details

The technical summary data is suggesting a short of CB if it tests 277.19 with a downside target of 274.26. We should have a stop loss in place at 277.99 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, 277.19, 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 277.19, target 277.69, Stop Loss @ 276.54 Details

If 277.19 begins to break higher, the technical summary data tells us to buy CB just slightly over 277.19, with an upside target of 277.69. The data also tells us to set a stop loss @ 276.54 in case the stock turns against the trade. 277.19 is the first level of resistance above 276.3, and by rule, any break above resistance is a buy signal. In this case, 277.19, 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 277.19, target 274.61, Stop Loss @ 277.84. Details

The technical summary data is suggesting a short of CB if it tests 277.19 with a downside target of 274.61. We should have a stop loss in place at 277.84 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, 277.19, 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 Limited (CB) available here: CB.

CB Ratings for January 01:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	277.19
P2	274.61	274.26	290.31
P3	277.69	278	304.06

AI Generated Signals for CB

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Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Chubb Limited (NYSE: CB) data table below can help you with price action, and we have more details too. Trading plans for CB are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.