(Finance) – The insurance company runs Chubb on the NYSE, changing hands with an increase of 4.27%, after the news that Berkshire Hathaway, Warren Buffett’s financial vehicle, has acquired a stake worth 6.72 billion dollars.
On a weekly basis, the stock’s trend is more solid than that ofS&P-500. At the moment, therefore, the appeal of investors is aimed more decisively at largest casualty insurance company in the world compared to the reference index.
The medium-term analysis confirms the positive trend of Chubb, while if we analyze the short-term chart, a weakening of prices is highlighted at the test of the resistance 269.1 USD. First support seen at 259.5. Technically, a negative evolution of the curve towards the bottom seen at 255.1 is expected in the short term.