To predict the stock price of CNA Financial Corporation (CNA) for the next trading week, we will analyze both technical and fundamental factors.
CNA's stock price is currently trading at $47.66 as of March 10, 2025. The Relative Strength Index (RSI) for CNA is 44.57 (RSI_6), 46.88 (RSI_12), and 47.33 (RSI_14), indicating that the stock is in a bearish trend but approaching oversold territory. The Moving Average Convergence Divergence (MACD) is at -0.09, with a signal line of -0.09, suggesting a neutral to slightly bearish momentum. The Stochastic Oscillator shows %K at 50.19 and %D at 55.46, indicating a potential bullish crossover.
The Fibonacci levels for CNA are as follows:
These levels suggest that the stock is currently near the lower end of its Fibonacci range, approaching a support level.
CNA Financial Corporation (CNA) is a leading property and casualty insurance company. The company recently reported mixed Q4 results, with revenue increasing to $3.69 billion but net income falling to $19 million due to a pension settlement charge of $265 million. This charge has impacted investor sentiment, but the company's strong market position and diversified insurance offerings provide long-term stability.
Recent news indicates that CNA's stock rose 2.1% on February 10, 2025, following strong earnings reports from other companies in the sector. However, the mixed Q4 results and pension charge have introduced some volatility.
The current analyst consensus rating for CNA is neutral, with a mean price target of $48.29. Analysts have maintained a cautious outlook due to the pension charge but acknowledge the company's strong market position.
Based on the technical and fundamental analysis, CNA's stock price is expected to trade between $47.02 and $49.57 in the next trading week. The stock is approaching a support level, and the oversold condition in the RSI suggests a potential bounce. However, the mixed earnings report and pension charge may limit upside momentum.
Prediction: The stock price of CNA is expected to reach $48.50 by the end of the next trading week.
Recommendation: Sell if the stock reaches $48.50, as the upside is limited by mixed earnings and technical resistance levels.
The price of CNA is predicted to go up 0.27%, based on the high correlation periods with ORI. The similarity of these two price pattern on the periods is 94.67%.
CNA
ORI
Keefe, Bruyette & Woods
2025-02-12
Price Target
$54 → $53
Upside
+9.04%
Keefe, Bruyette & Woods
2025-01-10
Price Target
$55 → $54
Upside
+17.75%
B of A Securities
2024-10-10
Price Target
$45 → $48
Downside
-1.09%