Chubb stock: buy or sell

CB stock price: $165.07 2.08% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

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Chubb stock brief

  • Chubb stock climbed 2.08% to close at $165.07 on the stock market on Wednesday.
  • On Tuesday, Chubb presented its Q1 financial report
  • The price is currently above the upper Bollinger band, which often indicates a short-term correction
  • The stock is configuring an uptrend pattern since last January, when it bottomed at $143.35. This uptrend marked a 15.15% gain
  • Barclays and JPMorgan Chase & Co. published hold ratings for Chubb last Monday, with an average forecast of $173.00
  • Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide.

Should I buy Chubb stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CB stock a buy?

Currently, Chubb stock matches one trading strategy:

Uptrend buy setup

Chubb stock is in an uptrend since last January that so far marked an amazing 15.00% gain. Price marked a pull back in this uptrend at $155.07 in late March, and since then it bounced up a 6.45%. Breaking out over $179.01 - it's last top - will be a good entry point if Chubb resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $161.11

Buy setupBuy pointStop lossRisk
Uptrend buy setup$179.01$161.1110.00%

Should I sell Chubb stock?

How to know when is it time to sell Chubb stock?. In the same way as when we have to buy shares, choosing when is appropiate to sell is not a random decision, and we must adhere our own trading strategy. Our trading system selects very simple strategies to guide us on when is the best time to sell a stock. Be aware that these strategies should not be used for shorting $CB stock

A golden rule is that you should never keep an open trade that generates greater losses than those expected by the time of purchase. The moment to sell your stock should always be determined by the stop-loss (automatic or manual)

Is it time to sell Chubb stock?

Currently, Chubb stock doesn't match any of our preferred sell setups, so if you hold Chubb stock and your operation is in profit probably is not time to sell now

Chubb ratings

In the last 30 days, 5 analyst ratings were published for Chubb

Chubb analysts' ratings - Last 30 days
Brokerage firmRating
Mar 31st, 2021
Citigroup Neutral
Apr 12th, 2021
Barclays Buy
JPMorgan Chase & Co. BuyNeutral
Apr 19th, 2021
Barclays Buy
JPMorgan Chase & Co. Neutral

Chubb stock analysis

Chubb shares started an uptrend last January, and grew a gorgeous 15.15%. Rising tops and bottoms can be seen easily on a chart and how price action gave very few entry points on the breakouts. Latest low was in late March, when price bounced at $155.07. Like in all uptrends, price needs to take breath and currently price is moving in a range between $179.01 and $155.07

SMAs overview

CB stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $179.01 (8.44% above)
  • The current support levels are:

  • S1: $162.82 (-1.36% below)
  • S2: $158.04 (-4.26% below)
  • S3: $156.91 (-4.94% below)
  • Bollinger bands

    The evolution of the Bollinger Bands on the chart reveals that they are pretty tight (4.08%), which clearly means that price volatility is low. Reduced volatility is often the antecedent to a sharp movement (up or down), so we must be alert and manage our buy or sell orders appropiately

    CB stock Bollinger Bands chart

    Relative strength index

    When the moves for so long below 70 and above 30, without indicating moments of overbought and oversold, the indicator is of little use, and we are currently in one of these situations.

    CB stock RSI chart

    Chubb stock price history

    Chubb went public priced at an adjusted price1 of $5.51 on Mar 1993. Since then, CB stock has risen by 2,895.83%, with an average of 103.42% per year. If you had invested $1,000USD in Chubb stock on Mar 1993, it would worth $29,958.26 today.

    1: Adjusted price after possible price splits or reverse-splits

    CB stock price history chart

    Price target for Chubb stock

    Nobody knows how much a share will be priced in the future. Banks and financial organisations issue their analysis predicting how a particular stock will performance in the future.

    The following table shows the price forecasts published by analysts in the last month. If you are a small investor you must not trade based on these forecasts.

    Averaging all price targets exposed below, the forecasted price for Chubb stock is $175.80. Chubb closed at $165.07 on Wednesday, that is a 6.10% than the predicted price.

    Chubb stock price predictions
    Brokerage firmPrice target
    Mar 31st, 2021
    Citigroup $178.00$187.00
    Apr 12th, 2021
    Barclays $178.00$187.00
    JPMorgan Chase & Co. $155.00$159.00
    Apr 19th, 2021
    Barclays $178.00$187.00
    JPMorgan Chase & Co. $155.00$159.00

    Earnings and financials

    Investors event was hosted by Chubb ($CB) on Tuesday after posting the earnings report.

    Same quarter last year, reported EPS was $2.68, so current EPS is -100.00%. Revenue skyrocketed a 12.97% on an annualized basis in the , from $87.6B to $99.0B last quarter.

    Chubb ($CB) presents Q2 financial report next July.

    Chubb performance

    CB performance compared
    Company1m3m6m
    Chubb ($CB) 5.60% 6.10% 40.70%

    Important:
    The viewpoints contained in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the particular conditions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for educative reasons only

    Chubb summary

    Wednesday, April 21st, 2021
    Open$162
    Close$165.07
    Day range$161.9 - $165.69
    Previous close$161.71
    Session gain2.08%
    Average true range$2.79
    50d mov avg$164.30
    100d mov avg$158.27
    200d mov avg$142.34
    Earnings dateJuly 27th, 2021

    Frequently asked questions

    What is Chubb stock symbol?

    Chubb Limited is a public company trading in the US stock market with the CB symbol

    Is Chubb stock a buy or sell?

    Chubb received 5 ratings in the last 30 days: 2 bullish, 0 bearish and 3 neutral.

    Will CB go up?

    Chubb had different price forecasts issued by market analysts in the last 30 days forecasting the target price to $175.80. That is a 6.50% than the current price ($165.07).