CINF Stock Forecast & Cincinnati Financial Corporation Chart Analysis
This article provides a detailed analysis of CINF-Cincinnati Financial Corporation stock including a forecast for CINF shares. It features Cincinnati Financial Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CINF Historical Data Review
CINF Current Price Performance Analysis
The Cincinnati Financial Corporation - CINF stock traded on the American stock market, on 06-05-2024, closed at 114.62$ with a %-0.19 decreased compared to the previous day.
In the last month, the price of CINF changed by %-2.35 decreased in value, from 117.38 dollars on 05-06-2024 to 114.62 dollars, decreased.
Last year, the price of CINF was 101.16 dollars on 06-06-2023, and changed by %13.31 increased in value, to 114.62 dollars increased within a year.
The price of Cincinnati Financial Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CINF with AI Stock Forecast & Price Target
On the CINF chart Cincinnati Financial Corporation price was recorded as 114.62 Dollars on 06/05/2024.
The artificial intelligence's forecast on CINF stock is as follows.
The artificial intelligence's prediction error margin for CINF stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Cincinnati Financial Corporation stock over the next 4 months is: 103.7 Dollars.
The commentary on CINF stock Target Price: Highest: 117.418 Dollars is predicted.
The commentary on CINF stock Target Price: Lowest: 96.738 Dollars is predicted.
Resistance Price where Cincinnati Financial Corporation stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-10-2024 | 116.674 |
01-01-2025 | 99.780 |
02-20-2025 | 102.582 |
Support Price where Cincinnati Financial Corporation stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-05-2024 | 116.668 |
11-12-2024 | 97.031 |
01-06-2025 | 99.754 |
03-27-2025 | 96.738 |
The commentary on CINF stock: The target price can generally be said to be on the decline.
The commentary on CINF stock: Fluctuations in the target price can be expected in the coming days.
The target price for Cincinnati Financial Corporation stock by the end of 2024 is predicted to be 99.472 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CINF stock, and the 2024 target price predictions for Cincinnati Financial Corporation are detailed above.
The technical analysis and charts for the commentary on CINF stock are below.
CINF Support & Resistance and Trend Analysis
CINF stock you have reviewed the technical analysis support resistance charts regarding.
CINF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CINF review, the Cincinnati Financial Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Cincinnati Financial Corporation Support and Resistance Prices:
CINF Support Level Price | CINF Resistance Level Price |
---|---|
98.65 | 104.02 |
99.61 | 106.79 |
99.92 | 113.83 |
100.31 | 119.99 |
104.78 | 120.21 |
105.27 | 121.86 |
109.93 | 124.35 |
111.27 | |
114.36 | |
116.99 | |
117.06 | |
118.42 |
CINF Technical Analysis: SMA, RSI, MACD
Upon reviewing the CINF chart, buy and sell signals have been generated in the Cincinnati Financial Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CINF stock are as follows:- The technical analysis for CINF indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Cincinnati Financial Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Cincinnati Financial Corporation stock: Click here to read more predictions on IDEX Corporation stock.
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