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CHUBB CORP
(CB-NYSE):
Technical Viewpoint: From a low
of $41.78 on Mar 12, 2003 prices
rallied, reaching a
high of $48.94
on Mar 21, 2003. A
decline saw prices pull back, reaching a
low of
$43.88 on Mar 31, 2003.
Another rally saw prices penetrate
resistance, closing 5/1/03
at $59.40. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 16, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $53.50. Resistance: Is at $59.50.
Point & Figure: Reversed to the upside on May 1, 2003. A P&F upside
reversal takes place at $57.00. Summary: Technical indicators have turned bullish. BUY! CHUBB CORP
(CB-NYSE) @ $59.63 Stop: Use a protective stop of $57.13.
CHUBB CORP is currently trading @ $59.40 plus $6.51 on May 1, 2003. Price Objective:
$76.00. Risk/Reward: $2.50 VS. $16.38. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$76.00
Risk/Reward:
$2.50 VS. $16.38
Risk/Reward Ratio:
6:1
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