THE CIGNA GROUP (CI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CI - US1255231003 - Common Stock
Overall CI gets a technical rating of 0 out of 10. CI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 277.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 272.09, a Stop Loss order could be placed below this zone.
More info and screens
265.31
We found 1 important support area.
- A support zone ranging from 267.99 to 272.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 277.32 to 278.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @297.19 from a trend line in the daily time frame.
- A resistance zone ranging from 303.25 to 304.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 311.01 to 311.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @337.80 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CI is neutral. |
| ChartMill Relative Strength | 32.55 | NEUTRAL | CI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.85 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests CI has a positive trend. |
| Stochastics (14,3) | 77.96 | NEUTRAL | The Stochastics value for CI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.25 | NEGATIVE | The low ADX value for CI suggests a weak or negative trend. |
275.6
+3.71 (+1.36%)
THE CIGNA GROUP / CI FAQ
What is the technical rating for CI stock?
ChartMill assigns a technical rating of 0 / 10 to CI.
What is the trend direction for CI stock?
The current trend direction for THE CIGNA GROUP (CI) is Bearish.
What is the RSI signal for THE CIGNA GROUP (CI) stock?
THE CIGNA GROUP (CI) has an RSI value of 52.8531. This indicates that the stock is currently neutral.
What is the short term momentum for CI stock?
The short term momentum for THE CIGNA GROUP (CI) is neutral.
What are the support and resistance levels for THE CIGNA GROUP (CI) stock?
THE CIGNA GROUP (CI) has a support level at 272.09 and a resistance level at 277.32. Check the full technical report for our detailed analysis of CI support and resistance levels.