CNA Financial Technical Analysis (NYSE:CNA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The CNA stock chart pattern can give those who understand technical analysis an indication of which way CNA stock is headed, but cannot predict with 100% certainty as to what can happen to the CNA Financial stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for CNA Financial. Technical analysis uses an approach for CNA Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
CNA Financial Moving Average
Moving averages show the average price of CNA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $51.84 is above the price of $50.31.
CNA Financial Bollinger Bands
Bollinger bands comprise of a center line usually CNA SMA, and two CNA stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $50.31 is in the lower range of CNA Financial bollinger bands.
CNA Financial Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The CNA Financial MACD indicator is below 0 indicating a bearish trend.
CNA Financial Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 50.77 is the RSI value of CNA stock.