THE CIGNA GROUP (CI) Technical Analysis
NYSE:CI • US1255231003
Current stock price
CI Technical Rating and Analysis
Taking everything into account, CI scores 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CI is a bad performer in the overall market: 80% of all stocks are doing better.
- CI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CI is lagging the market.
- CI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CI has an average volume of 1805580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CI is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, CI did better than 42% of them.
CI Weekly and Daily overview Charts
CI Setup Rating and Analysis
CI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CI Support and Resistance Analysis
258.88
We can see 3 important resistance areas.
- A resistance zone ranging from 262.37 to 264.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 273.39 to 278.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 287.82 to 294.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
CI Technical Indicator Signal Analysis
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 | 20.92 | NEGATIVE | CI has a low relative strength, it was outperformed by 79.08% 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) | 35.86 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests CI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.83 | OVERSOLD | The low Stochastics value suggests CI may be oversold. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.16 | POSITIVE | The high ADX value value for CI suggests a strong trend. |
CI Chart- and CandleStick Pattern Analysis
CI Technicals: Chart, Performance Metrics, Trend & Indicators
261.49
-1.35 (-0.51%)
THE CIGNA GROUP / CI TA FAQ
What is the technical rating for CI stock?
ChartMill assigns a technical rating of 0 / 10 to CI.
What is the current trend direction of THE CIGNA GROUP (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 35.8591. This indicates that the stock is currently neutral.
What is the MACD signal for THE CIGNA GROUP (CI) stock?
The MACD indicator for THE CIGNA GROUP (CI) has a value of -1.12359, indicating a bearish trend.
What is the short term momentum for CI stock?
The short term momentum for THE CIGNA GROUP (CI) is negative.