State Auto Financial CORP (STFC): Price Now Near $51.2; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for STFC

At the time of this writing, STFC (Get Ratings)’s price is up $0.02 (0.04%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as STFC has now gone up 4 of the past 5 hours. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

STFC ranks 67th in terms of today’s price percentage change out of Insurance stocks.

STFC’s Technical Outlook on the Daily Chart

At the time of this writing, STFC’s price is up $0.06 (0.12%) from the day prior. This move is a reversal from the day prior, which saw price move down. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them so that price is now turning above it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows STFC’s price action over the past 90 days.

STFC

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STFC: Daily RSI Analysis

  • For STFC, its RSI is now at 85.7143.
  • STFC and RSI both have consistent trends, as they are both heading up.

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