Learn to Evaluate (CNA) using the Charts
November 11, 2024, 10:10 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CNA
- Buy CNA near 47.87 target 50.37 stop loss @ 47.73 Details
The technical summary data tells us to buy CNA near 47.87 with an upside target of 50.37. This data also tells us to set a stop loss @ 47.73 to protect against excessive loss in case the stock begins to move against the trade. 47.87 is the first level of support below 49.6 , and by rule, any test of support is a buy signal. In this case, support 47.87 would be being tested, so a buy signal would exist.
- Short CNA slightly under 50.37, target 47.87, stop loss @ 50.52 Details
The technical summary data is suggesting a short of CNA as it gets near 50.37 with a downside target of 47.87. We should have a stop loss in place at 50.52though. 50.37 is the first level of resistance above 49.6, and by rule, any test of resistance is a short signal. In this case, if resistance 50.37 is being tested, so a short signal would exist.
Swing Trading Plans for CNA
- Buy CNA slightly over 50.37, target 52.74, Stop Loss @ 50.22 Details
If 50.37 begins to break higher, the technical summary data tells us to buy CNA just slightly over 50.37, with an upside target of 52.74. The data also tells us to set a stop loss @ 50.22 in case the stock turns against the trade. 50.37 is the first level of resistance above 49.6, and by rule, any break above resistance is a buy signal. In this case, 50.37, 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 CNA slightly near 50.37, target 49.07, Stop Loss @ 50.52. Details
The technical summary data is suggesting a short of CNA if it tests 50.37 with a downside target of 49.07. We should have a stop loss in place at 50.52 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, 50.37, 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 CNA
- Buy CNA slightly over 50.37, target 52.74, Stop Loss @ 50.25 Details
If 50.37 begins to break higher, the technical summary data tells us to buy CNA just slightly over 50.37, with an upside target of 52.74. The data also tells us to set a stop loss @ 50.25 in case the stock turns against the trade. 50.37 is the first level of resistance above 49.6, and by rule, any break above resistance is a buy signal. In this case, 50.37, 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 CNA slightly near 50.37, target 49.24, Stop Loss @ 50.49. Details
The technical summary data is suggesting a short of CNA if it tests 50.37 with a downside target of 49.24. We should have a stop loss in place at 50.49 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, 50.37, 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 Cna Financial Corporation (CNA) available here: CNA.
CNA Ratings for November 11:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Weak |
Strong |
| P1 |
0 |
0 |
47.87 |
| P2 |
49.24 |
47.19 |
50.37 |
| P3 |
50.37 |
49.07 |
52.74 |
AI Generated Signals for CNA
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 isEvitar 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
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 Cna Financial Corporation (NYSE: CNA) report below can help you understand how to do this. The trading plans for CNA, 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.
Fundamental Charts for CNA:
pool ads
