Cna Financial Corp (CNA): Price Now Near $44.05; Daily Chart Shows Downtrend on 20 Day Basis

The Hourly View for CNA

At the time of this writing, CNA (Get Ratings)’s price is down $-0.08 (-0.19%) from the hour prior. This is the 2nd hour in a row CNA has seen its price head down. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Insurance stocks, CNA ranks 67th in regards to today’s price percentage change.

CNA’s Technical Outlook on the Daily Chart

At the moment, CNA’s price is down $-0.53 (-1.19%) from the day prior. This move is a reversal from the day prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Cna Financial Corp’s price action over the past 90 days can be seen via the chart below.

CNA

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CNA: Daily RSI Analysis

  • For CNA, its RSI is now at 76.5487.
  • CNA and RSI may be exhibiting divergent trends. This may be something to monitor.

For CNA News Traders

Investors and traders in CNA may be particularly interested in the following story that came out in the past day:

Should I Buy CNA Financial Corporation (CNA)?

In this article we will analyze whether CNA Financial Corporation (NYSE:CNA) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead […]

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