Cincinnati Financial (CINF) recently broke resistance at $115, predicting a specific future price target like $187 is not difficult.
CINF just reported Q1 2024 earnings. They beat EPS estimates but missed revenue estimates
UPDATE: The image I embedded in the TV chart for this idea was somehow rejected on the post. So I posted it on Imgur instead.
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The chart I present for this idea doesn't look like a normal TradingView chart. The reason is that this is not a trade, based on chart technicals, but an investment, which I intend to hold for...
The PEAD projected a bullish outlook for $CINF after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 61.54%.
CINF has formed a nice double bottom
I expect the recovery of the second bottom to be similar to the first bottom, hence I have drawn the ascending diagonal lines against the two bottoms upwards
Bullish reversal situation
The PEAD projected a Bullish outlook for $CINF after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
The PEAD projected a Neutral outlook for $CINF after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
-INTRODUCTION-
Cincinnati Financial Corporation has been moving in an ascending channel since 2020 summer after its recovery from the pandemic economic shock. Last month, the price has reached a new high at the $142.50 level. After reaching a new high, the price retraced and retested the suport level of $120. From the support level, the price has formed a...
Here is the analysis behind my latest stock purchase $CINF (Cincinnati Financial Corp)
PE Ratio (Trailing) = 5.42
ROE = +29.9%
ROA = +11.4%
ROIC = +10.9%
Solid data there and then the cash situation looks very strong. cash flow is growing but capital expenditures are not meaning the free cash flow is growing in recent years with the most recent 12 months...
My Opinion:
Appears to be recovering late from March 2020 COVID dip...
Setup appears bullish and earnings are up!
I would hope to see a return to $115!
Thoughts?
Printing higher lows and higher hows is the first sign of an uptrend, the conversion line has been dancing with the base line for a long time, but now it looks like conversion line has a lift off. We can place a stop loss just below the cloud which luckily not too far from the price now where we can enter guarantees us a nice risk reward ratio.
Bringing this gap fill to attention. It completed a very obvious move downwards, and is likely to start moving back upwards. These types of moves are usually reliable.
Earnings 10-26 AMC
Dividend is good
This stock has taken a beating
Sometimes looking at the bottom at stocks that have been out of favor can pay off
Do your research
NV is very high on this one
If price breaks the A triangle, the upper trendline becomes support. As of now it is R
Price must cross neckline in a clear uptrend
There are several A Triangles, I put...
Hey traders, CINCINNATI FINANCIAL CORP is at the top of the equilibrium zone, refusal of buyers on a large volume of large purchase. Potential to breakout the zone upwards to join a new zone, to go and retest its last previous point higher, which is just on the top of the zone of equilibrium and to start again lower.
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NASDAQ:CINF
Hey, traders.
The market gave us a surprise yesterday due to interesting news.
During trading , bank regulators weaken Walker's rule by allowing banks to participate in venture capital funds.
Already after trading : The Federal Reserve limits bank dividends and prohibits buyback of shares until September.
Apparently, banks have serious...
Hello,
What is CINF?
Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The company has 1.01% of the domestic property and casualty insurance premiums, which ranks it as the 20th largest insurance company by...
Contextual immersion trading strategy idea.
Cincinnati Financial Corporation, together with its subsidiary, provides property-casualty insurance products in the United States.
On APR 27 the share price fell after bad earnings. Looks like it will continue falling.
The demand for shares of the company looks lower than the supply.
This and other conditions can...
