January 23, 2025, 01:48 am ET, BY Neal - 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 271.08, target n/a, stop loss @ 271.86 Details
The technical summary data is suggesting a short of CB as it gets near 271.08, 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 271.86. 271.08 is the first level of resistance above 268.32, and by rule, any test of resistance is a short signal. In this case, if resistance 271.08 is being tested, so a short signal would exist.
Swing Trading Plans for CB
- Buy CB slightly over 271.08, target 275.25, Stop Loss @ 270.3 Details
If 271.08 begins to break higher, the technical summary data tells us to buy CB just slightly over 271.08, with an upside target of 275.25. The data also tells us to set a stop loss @ 270.3 in case the stock turns against the trade. 271.08 is the first level of resistance above 268.32, and by rule, any break above resistance is a buy signal. In this case, 271.08, 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 271.08, target 264.74, Stop Loss @ 271.86. Details
The technical summary data is suggesting a short of CB if it tests 271.08 with a downside target of 264.74. We should have a stop loss in place at 271.86 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, 271.08, 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 269.36, target 271.08, Stop Loss @ 268.73 Details
If 269.36 begins to break higher, the technical summary data tells us to buy CB just slightly over 269.36, with an upside target of 271.08. The data also tells us to set a stop loss @ 268.73 in case the stock turns against the trade. 269.36 is the first level of resistance above 268.32, and by rule, any break above resistance is a buy signal. In this case, 269.36, 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 269.36, target 264.74, Stop Loss @ 269.99. Details
The technical summary data is suggesting a short of CB if it tests 269.36 with a downside target of 264.74. We should have a stop loss in place at 269.99 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, 269.36, 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 23:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Strong |
P1 |
0 |
0 |
271.08 |
P2 |
269.36 |
264.74 |
286.6 |
P3 |
273.8 |
275.25 |
302.03 |
AI Generated Signals for CB
Blue = Current Price
Red = Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:
Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
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
Fundamental Charts for CB: