Technical Analysis

To perform a comprehensive technical analysis of CNA stock:

Recent Price Performance

• Last Close Price: $48.97 (2025-02-28)
• Recent Trend: CNA has shown a slight upward movement recently, closing higher by 0.74% on the last trading day.

Key Technical Indicators

• RSI (14): 51.17 (Neutral Zone)
  • Indicates neither overbought nor oversold conditions.
• MACD: -0.02 (Bearish Crossover)
  • The MACD line is below the signal line, suggesting a potential bearish momentum.
• Stochastic Oscillator (14,3,3): 41.42
  • Indicates a neutral to slightly bearish momentum.
• Bollinger Bands:
  • Upper Band: $50.44
  • Lower Band: $47.43
  • Current Price Position: Near the upper half, suggesting moderate bullish pressure.

Support and Resistance Levels

• Fibonacci Pivot: $48.47
• Resistance Levels:
  • R1: $49.83
  • R2: $50.67
  • R3: $52.03
• Support Levels:
  • S1: $47.11
  • S2: $46.27
  • S3: $44.91

Moving Averages

• Short-Term (SMA 5): $48.38
• Medium-Term (SMA 20): $48.93
• Long-Term (SMA 200): $47.71
  • The stock is trading above its 200-day SMA, indicating a long-term bullish trend.

Trend Analysis

• CNA is currently trading within a consolidation range between $47.11 (support) and $49.83 (resistance). A breakout above $49.83 could signal further bullish momentum, while a breakdown below $47.11 may indicate bearish pressure.

Recommendation

• Buy/Sell Decision:
  • If CNA breaks above $49.83 with strong volume, it could be a buy opportunity targeting $50.67 or higher.
  • If CNA falls below $47.11, it may be prudent to sell or avoid entry, as it could signal further downside risk.