THE CIGNA GROUP (CI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CI - US1255231003 - Common Stock
Taking everything into account, CI scores 1 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.
Although the technical rating is bad, CI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
274.51
We can see 3 important resistance areas.
- Resistance @278.60 from a trend line in the daily time frame.
- A resistance zone ranging from 302.11 to 313.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 337.80 to 338.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CI is neutral. |
| ChartMill Relative Strength | 21.24 | NEGATIVE | CI has a low relative strength, it was outperformed by 78.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CI is above the rising 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) | 50.46 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.24 | POSITIVE | The MACD value suggests CI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.8 | OVERBOUGHT | The high Stochastics value suggests CI may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.69 | NEGATIVE | The low ADX value for CI suggests a weak or negative trend. |
277.28
-1.07 (-0.38%)
THE CIGNA GROUP / CI FAQ
What is the technical rating for CI stock?
ChartMill assigns a technical rating of 1 / 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 50.4581. 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 neutral.
What are the support and resistance levels for THE CIGNA GROUP (CI) stock?
THE CIGNA GROUP (CI) has a resistance level at 278.6. Check the full technical report for our detailed analysis of CI support and resistance levels.