THE CIGNA GROUP (CI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CI - US1255231003 - Common Stock
271.89 USD
-2.11 (-0.77%)
271.89 USD
0 (0%)
Overall CI gets a technical rating of 1 out of 10. CI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CI is a bad performer in the overall market: 70% of all stocks are doing better.
In the last month CI has a been trading in the 258.27 - 281.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CI has an average volume of 2144700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CI is an average performer in the Health Care Providers & Services industry, it outperforms 46% of 102 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.
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.
More info and screens
264.65
341.18
We found 1 important support area.
- A support zone ranging from 267.32 to 270.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 272.20 to 273.38. 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 277.82 to 278.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @297.50 from a trend line in the daily time frame.
- A resistance zone ranging from 304.17 to 304.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 311.01 to 311.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 30.29 | NEUTRAL | CI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CI is below 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) | 48.54 | NEUTRAL | The RSI value for CI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests CI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.31 | NEUTRAL | The Stochastics value for CI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.41 | 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)
271.89
-2.11 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.77%
1 Week-1.02%
2 Weeks2.43%
1 Month0.85%
3 Month-6.36%
6 Month-13.51%
12 Month-1.82%
2 Year-9.2%
3 Year-17.94%
5 Year30.6%
10 Year85.81%
15 Year641.65%
Volatility
ATR(14)5.13
ATR(20)%2.13%
ATR Inc-5.37%
Range Today4.67
ADR(20)5.7
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.29
3 months CRS28.76
6 months CRS17.22
Mansfield-1.85
10 Day High278
10 Day Low258.27
20 Day High281
20 Day Low258.27
52 Week High350
52 Week Low239.51
CS1 End270.88
CR1 Start272.2
Volume & EV
DER(3)-0.74%
DER(5)-0.02%
Volume4.20M
Volume Incr24.73%
Vol(5)2.17M
Vol(50)2.14M
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 48.537. 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 support level at 270.88 and a resistance level at 272.2. Check the full technical report for our detailed analysis of CI support and resistance levels.