CINCINNATI FINANCIAL

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CINF
ISIN:

CINCINNATI FINANCIAL - Daily - Technical analysis published on 07/20/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 120.20 USD

My targets

109.12 USD (-2.30%)

96.36 USD (-13.73%)

My analysis

CINCINNATI FINANCIAL is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 120.20 USD. The next support located at 109.12 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 96.36 USD. Below this support, sellers could then target 79.54 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CINCINNATI FINANCIAL price is 111.69 USD. The price registered a decrease of -0.02% on the session and was between 110.35 USD and 111.71 USD. This implies that the price is at +1.21% from its lowest and at -0.02% from its highest.

110.35

111.71

111.69

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on CINCINNATI FINANCIAL were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this CINCINNATI FINANCIAL chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	79.54	96.36	109.12	111.69	112.68	120.20	124.10
Change (%)	-28.79%	-13.73%	-2.30%	-	+0.89%	+7.62%	+11.11%
Change	-32.15	-15.33	-2.57	-	+0.99	+8.51	+12.41
Level	Minor	Minor	Major	-	Intermediate	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	108.40	109.14	110.42	111.16	112.44	113.18	114.46
Camarilla	111.16	111.34	111.53	111.71	111.90	112.08	112.27
Woodie	108.68	109.28	110.70	111.30	112.72	113.32	114.74
Fibonacci	109.14	109.91	110.39	111.16	111.93	112.41	113.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	98.90	104.94	108.66	114.70	118.42	124.46	128.18
Camarilla	109.70	110.59	111.49	112.38	113.28	114.17	115.06
Woodie	97.74	104.36	107.50	114.12	117.26	123.88	127.02
Fibonacci	104.94	108.67	110.97	114.70	118.43	120.73	124.46

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.28	103.56	111.27	119.55	127.26	135.54	143.25
Camarilla	114.58	116.05	117.51	118.98	120.45	121.91	123.38
Woodie	95.00	103.42	110.99	119.41	126.98	135.40	142.97
Fibonacci	103.56	109.67	113.44	119.55	125.66	129.43	135.54

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.00
MACD (12,26,9):	-2.4900
Directional Movement:	-20.60
AROON (14):	-50.00
DEMA (21):	112.39
Parabolic SAR (0,02-0,02-0,2):	120.52
Elder Ray (13):	-3.26
Super Trend (3,10):	119.75
Zig ZAG (10):	111.26
VORTEX (21):	0.9300
Stochastique (14,3,5):	14.96
TEMA (21):	111.80
Williams %R (14):	-79.73
Chande Momentum Oscillator (20):	-9.01
Repulse (5,40,3):	-1.7300
ROCnROLL:	2
TRIX (15,9):	-0.2300
Courbe Coppock:	7.56

MA7:	112.62
MA20:	116.01
MA50:	120.12
MA100:	125.16
MAexp7:	112.69
MAexp20:	115.54
MAexp50:	119.40
MAexp100:	121.49
Price / MA7:	-0.83%
Price / MA20:	-3.72%
Price / MA50:	-7.02%
Price / MA100:	-10.76%
Price / MAexp7:	-0.89%
Price / MAexp20:	-3.33%
Price / MAexp50:	-6.46%
Price / MAexp100:	-8.07%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on CINCINNATI FINANCIAL. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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