THE CIGNA GROUP (CI) Stock Technical Analysis
NYSE:CI - New York Stock Exchange, Inc. - US1255231003 - Common Stock - Currency: USD
Overall CI gets a technical rating of 0 out of 10. 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: 85% of all stocks are doing better.
CI is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 61% are performing better than CI.
In the last month CI has a been trading in the 301.00 - 338.89 range, which is quite wide. It is currently trading near the lows of this range.
CI has an average volume of 1844330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
The technical rating of CI is bad and it also does not present a quality setup 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
274.14
366.82
When analyzing the support we can see 3 important areas.
- Support @301.89 from a horizontal line in the daily time frame.
- Support @286.99 from a trend line in the weekly time frame.
- Support @276.91 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 315.26 to 317.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @324.35 from a trend line in the weekly time frame.
- A resistance zone ranging from 330.19 to 343.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @363.19 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 | DOWN | NEGATIVE | The short term trend for CI is down. |
| ChartMill Relative Strength | 15.3 | NEGATIVE | CI has a low relative strength, it was outperformed by 84.7% 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) | 36.19 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.11 | NEGATIVE | The MACD value suggests CI has a negative trend. |
| Stochastics (14,3) | 5.4 | OVERSOLD | The low Stochastics value suggests CI may be oversold. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.82 | 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)
303.06
-0.21 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.07%
1 Week-3.37%
2 Weeks-7.13%
1 Month-3.9%
3 Month-8.2%
6 Month6.72%
12 Month-9.76%
2 Year2.7%
3 Year10.06%
5 Year75.49%
10 Year110.37%
15 Year885.24%
Volatility
ATR(14)7.23
ATR(20)%2.19%
ATR Inc-29.61%
Range Today3.36
ADR(20)6.42
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.3
Mansfield-1.26
10 Day High338.89
10 Day Low301
20 Day High338.89
20 Day Low301
52 Week High370.83
52 Week Low262.03
CS1 End301.89
CR1 Start315.26
Volume & EV
DER(3)0.77%
DER(5)2.21%
Volume926.30K
Volume Incr-41.38%
Vol(5)1.22M
Vol(50)1.84M