THE CIGNA GROUP (CI) Stock Technical Analysis
NYSE:CI - New York Stock Exchange, Inc. - US1255231003 - Common Stock - Currency: USD
Taking everything into account, CI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
CI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CI slightly outperforms the market at the moment.
In the last month CI has a been trading in the 307.83 - 343.91 range, which is quite wide. It is currently trading near the high of this range.
CI has an average volume of 1811430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CI did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CI is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, CI did better than 69% of them.
CI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 334.33, a Stop Loss order could be placed below this zone.
More info and screens
280.47
370.53
When analyzing the support we can see 4 important areas.
- A support zone ranging from 329.93 to 334.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 320.82 to 321.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @313.83 from a horizontal line in the daily time frame.
- Support @283.30 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @343.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 363.19 to 366.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.55
Mansfield0.66
10 Day High342.91
10 Day Low322.11
20 Day High343.91
20 Day Low307.83
52 Week High370.83
52 Week Low262.03
Performance
1 Week0.99%
2 Weeks3.47%
1 Month2.73%
3 Month15.58%
6 Month7.44%
12 Month-0.43%
2 Year34.25%
3 Year37.79%
5 Year73.68%
10 Year172.82%
15 Year960.64%
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)
Technical Indicators
MACD(12,26,9)0.44
RSI(14)63.66
LBB323.75
UBB341.46
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 343.07 | 329.92 | 13.15 (3.83%) | 25.00% |
| An entry @343.07. This is a Buy Stop order right above the resistance zone. | An exit @329.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.15 points, which is 3.83%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
340.04
+2.83 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.84%
1 Week0.99%
2 Weeks3.47%
1 Month2.73%
3 Month15.58%
6 Month7.44%
12 Month-0.43%
2 Year34.25%
3 Year37.79%
5 Year73.68%
10 Year172.82%
15 Year960.64%
Volatility
ATR(14)7.78
ATR(20)%2.87%
ATR Inc-30.78%
Range Today7.22
ADR(20)9.66
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.55
Mansfield0.66
10 Day High342.91
10 Day Low322.11
20 Day High343.91
20 Day Low307.83
52 Week High370.83
52 Week Low262.03
CS1 End334.33
CR1 Start343.06
Volume & EV
DER(3)-1.73%
DER(5)-2.4%
Volume1.56M
Volume Incr-27.21%
Vol(5)1.38M
Vol(50)1.81M