Technical Analysis for CI - Cigna Corporation

Grade Last Price % Change Price Change
C 346.08 -0.22% -0.77
CI closed down 0.22 percent on Wednesday, April 17, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 2
*** please verify all earnings dates ***
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Strong but Oversold Other -0.22%
Outside Day Range Expansion -0.22%
Gapped Up Strength -0.22%
Down 3 Days in a Row Weakness -0.22%
Down 4 Days in a Row Weakness -0.22%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 6 hours ago
Reversed from Up about 6 hours ago
Fell Below Previous Day's Low about 7 hours ago
Lower Bollinger Band Support about 7 hours ago
Gap Up Closed about 7 hours ago

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Profile

Cigna Corporation Description

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. The company's Commercial segment offers insured and self-insured medical, dental, behavioral health, vision, and prescription drug benefit plans, health advocacy programs, and other products and services. Its Government segment offers Medicare Advantage plans to seniors in 13 states and the District of Columbia, Medicare Part D plans in all 50 states and the District of Columbia, and Medicaid plans. The company's Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, and accident and specialty insurance. Its Global Supplemental Benefits segment offers supplemental health, life, and accident insurance products, as well as offers individual Medicare supplement plans that provide retirees with federally standardized Medigap-style plans. The company's Run-off Reinsurance segment manages its run-off reinsurance coverage for risks written by other insurance companies under life and annuity policies and accident policies under guaranteed minimum death benefits and minimum income benefits contracts. Its Other Operations segment provides corporate owned life insurance that are permanent insurance contracts sold to corporations to offer life coverage for certain employees, as well engages in run-off settlement annuity business. The company distributes its products and services through insurance brokers and insurance consultants or directly to employers, unions, and other groups, as well as through the Internet. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut.


Classification

Sector: Healthcare
Industry: Health Care Plans
Keywords: S&P 500 Insurance Life Insurance Disability Mental Health Insurance Broker Insurance Coverage Medicare Health Services Prescription Drugs Disability Insurance Medicaid Supplemental Health Accident Insurance Corporate Owned Life Insurance Medicare Advantage Medicare Part D Medigap Accident Insurance Products Self Insurance

Is CI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 365.71
52 Week Low 236.209
Average Volume 1,479,839
200-Day Moving Average 303.39
50-Day Moving Average 346.29
20-Day Moving Average 356.41
10-Day Moving Average 354.09
Average True Range 5.30
RSI (14) 40.12
ADX 30.9
+DI 14.20
-DI 18.36
Chandelier Exit (Long, 3 ATRs) 349.80
Chandelier Exit (Short, 3 ATRs) 361.69
Upper Bollinger Bands 367.58
Lower Bollinger Band 345.25
Percent B (%b) 0.04
BandWidth 6.27
MACD Line 1.14
MACD Signal Line 3.81
MACD Histogram -2.6716
Fundamentals Value
Market Cap 101.23 Billion
Num Shares 293 Million
EPS 17.72
Price-to-Earnings (P/E) Ratio 19.53
Price-to-Sales 0.50
Price-to-Book 2.14
PEG Ratio 0.86
Dividend 4.92
Dividend Yield 1.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 352.31
Resistance 3 (R3) 352.90 351.41 351.27
Resistance 2 (R2) 351.41 349.83 351.12 350.92
Resistance 1 (R1) 348.75 348.85 348.01 348.16 350.58
Pivot Point 347.26 347.26 346.89 346.97 347.26
Support 1 (S1) 344.60 345.68 343.86 344.01 341.58
Support 2 (S2) 343.11 344.70 342.82 341.24
Support 3 (S3) 340.45 343.11 340.89
Support 4 (S4) 339.86