CB Chubb Limited
Is Chubb a lock-in for further all-time highs?
CB – Chubb Limited
Date: 1 July 2026
Sector: Finance / Property & Casualty Insurance
Exchange: New York Stock Exchange
TradingView link: 1M candles 4H candles:
Opening/macro/sector context
I must be honest, I thought the main business Chubb was involved in was making locks.
I was massively mistaken.
Chubb is a huge conglomerate of various insurance companies and is a $136 billion company, putting it in the same broad large-cap space as names like PNC Bank, CrowdStrike and Fortinet.
When it comes to the insurance verticals Chubb operates in, it would probably be easier to mention the verticals it is not in.
The company covers everything from commercial insurance, personal property insurance, and casualty insurance to personal accident, accident and health, reinsurance, and life insurance.
It operates in North America, has an agriculture segment, provides global reinsurance, and also offers specialist insurance for high-value automobiles, collector cars, valuable articles, recreational marine insurance and services.
So this is a global company with exposure to almost every vertical you can imagine, covering both commercial and individual insurance needs.
Long-term structure
Chubb first floated on 1 March 1993.
For much of its early history, the stock was capped around $48.
It returned to that region 4 times before, on the fifth attempt, Chubb finally broke through that level.
It initially moved higher, but then the structure broke down, and the stock fell back into the box.
It was the next attempt that proved more successful.
Chubb pushed out of the pink box and made rapid gains, with only relatively small pullbacks on the monthly timeframe, all the way up to around $162.
After that, the stock suffered a serious structural breakdown caused by the pandemic.
However, buyers stepped back in around the $88 level.
Once that period was over, Chubb began forming a series of higher highs and higher lows, which I have marked out with the red line, and it has not broken the structure since.
Lower timeframe / recent structure
Dropping down to the lower timeframe and recent structure, Chubb has been bouncing between two levels: roughly $345 on the top side and $308 on the downside.
That range has been in place since February this year.
I had tried to get into this trade earlier in the year when the stock pushed up towards the $345 level on 2 March, only for it to fall back into the range and continue moving sideways.
Now that we have had this sideways period of consolidation, I think the stock is better prepared for a move higher.
From a monthly perspective, there has been no serious break in the structure.
We have also gone from a grey monthly candle in May to a blue candle in June.
Importantly, the June blue candle was also an engulfing candle.
That adds weight to the idea that the current 4-hour move has the longer-term trend behind it.
At the moment, Chubb has only just pushed above the $345 level, and it has only been there for one day.
The move higher has been quite strong, but I would ideally like to see it sustained for at least two more days.
A move that holds into the end of the week would be ideal, as that would suggest there are still buyers for the stock going into the weekend.
This is a shorter trading week, with Thursday as the final trading day before the long Independence Day weekend in the US.
So tomorrow will be important in showing whether Chubb can sustain its push into that long weekend.
Entry trigger:
I have taken this entry with a small starter position and a very tight stop-loss still only risking 1R.
The monthly candle from the previous month is the main reason for entering the trade.
As the trade progresses, I will be looking at the 4-hour timeframe for pullbacks, which I can then use to add to the position.
The usual entry trigger is one of two things:
Three clean closes above the last breakout of the pink box.
A breakout of the pink box, followed by a pullback to touch the top of the box, and then a move higher.
Initial stop loss:
Last 4-hour swing low.
For this specific trade, I have started with a wider stop loss and a smaller position size.
Multi-timeframe correlation:
3M: Blue candle
1M: Blue candle
1W: Blue candle
1D: Blue candle
4H: Blue candle
When should I tighten the stop-loss?
Tighten the stop loss as new 4-hour swing lows form and the stock continues to move higher.
Because this trade has been started with a wider stop, the aim will be to tighten the stop once a cleaner 4-hour structure develops.
When do I add to the position?
The best way to add to the position is on a pullback from a yellow-to-blue candle or a grey-to-blue candle, as price starts to move back up and attempts to break out again.
For Chubb specifically, I will be looking to add on 4-hour pullbacks if the stock continues to hold above the breakout area.
Potential target range:
$372 – $405
That represents roughly 5.9% to 15.27% upside from the current level.
Activated price targets:
2
Am I in this trade?
Yes
Current R multiple:
0.1R