Go long the TRV if it trades at 116.37 or higher. If triggered, place your stop at 115.31 and exit the position for a profit at 117.32 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
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Travelers is the second best looking stock in our Dow Jones Overviews so far (after Nike)
On long term basis it is trading firmly above 10-year uptrend border - 1st standard deviation from 10-year mean (at 87.75) - and did not even tag it during the August market-wide sell-off
Price is also currently testing the 5-year uptrend, trading close to its border - the...
TRV is in a primary and secondary uptrend. In the lesser period we do have a downtrend. The stock retraced to a fibonacci retracement and to a long uptrend line. Also we do have a round number acting as support in the 100. The OBV is sideways.
We closed below the lower keltner channel line. This means a really oversold stock in the lesser timeframe.
I do have a...
Longer term supply signals since December, January mid term supply and now difficulty getting through L7 Cyclical Resistance. I have trimmed to a 1/3 position and tightened stops. This is more than normal since the SPY, IVV, ES E-mini, etc are all showing excess supply coming in.
Travelers Companies Inc (NYSE:TRV) is pulling back off the highs of the day and could be putting in a top. The signal is a topping tail which is a bearish sign for Travelers. Please note, this must close the day as a topping tail to be fully formed. At 4PM check this chart again. If a topping tail exists, downside is extremely likely. The fall would find first...
On the weekly chart TRV looks to be in a fairly linear trend, but some of the pullbacks have been too deep and would have stopped most trend traders out of their long positions.
The more recent consolidation can be seen on the daily chart. Since earnings were announced price has risen quickly, breaking out of the consolidation zone and breaking through the figure...
Expecting a nice breakdown over the upcoming weeks back to significant support. Keep in mind larger time frame is in control and the distribution pattern does take time.
The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. Today a trader sold 2080 TRV May 90 Calls that they were long and then bought the June 92.5 Calls. This means that a trader...
