Chubb - Chart Of The Day

The Chart of the Day belongs to Chubb (NYSE:CB). I found the stock by sorting the All Time High list for the stock with the most frequent new highs in the last month, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 8/29 the stock gained 11.08%.

Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The property and casualty insurance subsidiaries provide insurance coverages principally in the United States, Canada, Europe and parts of Australia, Latin America and the Far East.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

Barchart technical indicator:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 10.00% in the last month
  • Relative Strength Index 77.15%
  • Barchart computes a technical support level at 100.78
  • Recently traded at 102.11 with a 50 day moving average of 95.17

Fundamental factors:

  • Market Cap $24.08 billion
  • P/E 13.65
  • Dividend yield 1.97
  • Revenue expected to grow 3.50% this year and another 2.40% next year
  • Earnings are estimated to be down 7.00% this your but increase again by 4.80% next year and continue to increase at an annual rate of 4.23% for at least 5 years
  • Wall Street analysts issued 1 strong buy, 2 buy, 17 hold, 1 under perform and a sell recommendation on the stock.

The most consistent trading strategy for this stock has been the 20 - 50 day MACD Oscillator.

Disclosure: None

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