THE CIGNA GROUP (CI) Stock Technical Analysis
USA - NYSE:CI - US1255231003 - Common Stock
299.27 USD
+8.2 (+2.82%)
299.27 USD
0 (0%)
Taking everything into account, CI scores 2 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, CI is a bad performer in the overall market: 77% of all stocks are doing better.
CI has an average volume of 1491280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CI is an average performer in the Health Care Providers & Services industry, it outperforms 41% of 100 stocks in the same industry.
CI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CI is lagging the market.
In the last month CI has a been trading in the 282.80 - 315.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
256.21
341.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 292.68 to 298.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 258.80 to 262.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 301.79 to 313.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CI is neutral. |
| ChartMill Relative Strength | 23.86 | NEGATIVE | CI has a low relative strength, it was outperformed by 76.14% off all stocks 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) | UP | POSITIVE | The current price of CI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.24 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests CI has a negative trend. |
| Stochastics (14,3) | 39.05 | NEUTRAL | The Stochastics value for CI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for CI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
299.27
+8.2 (+2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.82%
1 Week-4.92%
2 Weeks-1.99%
1 Month-0.92%
3 Month-1.57%
6 Month-11.83%
12 Month-13.37%
2 Year-5.86%
3 Year-9.9%
5 Year74.32%
10 Year117.15%
15 Year727.84%
Volatility
ATR(14)8.12
ATR(20)%2.51%
ATR Inc5.56%
Range Today8.79
ADR(20)7.19
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.86
Mansfield-1.4
10 Day High315.47
10 Day Low289.71
20 Day High315.47
20 Day Low282.8
52 Week High350
52 Week Low256.89
CS1 End262.22
CR1 Start292.68
Volume & EV
DER(3)-0.77%
DER(5)-0.88%
Volume1.72M
Volume Incr-33.12%
Vol(5)1.01M
Vol(50)1.49M