CHUBB CORP
(CB-NYSE):
Technical Viewpoint: From a low
of $63.30 on Apr 24, 2001 prices
rallied, reaching a
high of $74.95
on May 21, 2001. A
decline saw prices pull back, reaching a
low of
$73.02 on May 25, 2001.
Another rally saw prices penetrate
resistance, closing 5/30/01
at $76.20. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 9, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $73.00. Resistance: Is at $76.84.
Point & Figure: Reversed to the upside on May 22, 2001. A P&F upside
reversal takes place at $75.00. Summary: Technical indicators have turned bullish. BUY! CHUBB CORP
(CB-NYSE) @ $76.62 Stop: Use a protective stop of $73.87.
CHUBB CORP is currently trading @ $76.20 plus $1.22 on May 30, 2001. Price Objective:
$97.00. Risk/Reward: $2.75 VS. $20.38. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$97.00
Risk/Reward:
$2.75 VS. $20.38
Risk/Reward Ratio:
7:1
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