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CHUBB CORPORATION
(CB-NYSE):
Technical Viewpoint: From a low
of $65.06 on Jul 21, 2000 prices
rallied, reaching a
high of $77.00
on Jul 27, 2000. A
decline saw prices pull back, reaching a
low of
$72.56 on Aug 2, 2000.
Another rally saw prices penetrate
resistance, closing 8/4/00
at $79.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 17, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $73.00. Resistance: Is at $NONE.
Point & Figure: Reversed to the upside on Aug 4, 2000. A P&F upside
reversal takes place at $76.00. Summary: Technical indicators have turned bullish. BUY! CHUBB CORPORATION
(CB-NYSE) @ $80 1/8 Stop: Use a protective stop of $77 1/4.
CHUBB CORPORATION is currently trading @ $79.00 plus $3.31 on Aug 4, 2000. Price Objective:
$99 1/2. Risk/Reward: $2 7/8 VS. $19 3/8. 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:
$99 1/2
Risk/Reward:
$2 7/8 VS. $19 3/8
Risk/Reward Ratio:
7:1
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