THE CIGNA GROUP (CI) Stock Technical Analysis
USA - NYSE:CI - US1255231003 - Common Stock
We assign a technical rating of 0 out of 10 to CI. CI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
255.58
5 important resistance areas can be observed.
- A resistance zone ranging from 264.59 to 266.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 305.87 to 308.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @313.90 from a horizontal line in the daily time frame.
- Resistance @330.19 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for CI is down. |
| ChartMill Relative Strength | 16.3 | NEGATIVE | CI has a low relative strength, it was outperformed by 83.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CI is below 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) | 37.6 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.36 | NEGATIVE | The MACD value suggests CI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.12 | NEUTRAL | The Stochastics value for CI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.24 | POSITIVE | The high ADX value value for CI suggests a strong trend. |
258.16
-6.42 (-2.43%)
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 37.6015. 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 negative.
What are the support and resistance levels for THE CIGNA GROUP (CI) stock?
THE CIGNA GROUP (CI) has a resistance level at 264.59. Check the full technical report for our detailed analysis of CI support and resistance levels.