Technical Analysis for CI - Cigna Corporation

Grade Last Price % Change Price Change
F 308.23 -2.12% -6.69
CI closed down 2.12 percent on Tuesday, October 29, 2024, on 1.97 times normal volume. 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: Oct 31
*** please verify all earnings dates ***
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -2.12%
Calm After Storm Range Contraction -2.12%
Oversold Stochastic Weakness -2.12%
Calm After Storm Range Contraction -2.72%
Oversold Stochastic Weakness -2.72%
Slingshot Bearish Bearish Swing Setup -3.15%
Stochastic Buy Signal Bullish -3.15%
Calm After Storm Range Contraction -3.15%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 5 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 1% about 9 hours ago
Fell Below Previous Day's Low about 11 hours ago
Down 1% 1 day 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 370.825
52 Week Low 250.8925
Average Volume 1,296,844
200-Day Moving Average 338.66
50-Day Moving Average 347.07
20-Day Moving Average 335.81
10-Day Moving Average 326.12
Average True Range 7.38
RSI (14) 24.81
ADX 27.8
+DI 12.18
-DI 40.55
Chandelier Exit (Long, 3 ATRs) 336.73
Chandelier Exit (Short, 3 ATRs) 330.01
Upper Bollinger Bands 366.54
Lower Bollinger Band 305.08
Percent B (%b) 0.05
BandWidth 18.30
MACD Line -9.68
MACD Signal Line -6.23
MACD Histogram -3.4448
Fundamentals Value
Market Cap 90.16 Billion
Num Shares 293 Million
EPS 17.72
Price-to-Earnings (P/E) Ratio 17.39
Price-to-Sales 0.50
Price-to-Book 2.14
PEG Ratio 0.86
Dividend 4.92
Dividend Yield 1.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 319.11
Resistance 3 (R3) 320.19 317.65 317.29
Resistance 2 (R2) 317.65 314.88 317.11 316.69
Resistance 1 (R1) 312.94 313.17 311.67 311.86 316.08
Pivot Point 310.40 310.40 309.77 309.86 310.40
Support 1 (S1) 305.69 307.63 304.42 304.61 300.38
Support 2 (S2) 303.15 305.92 302.61 299.77
Support 3 (S3) 298.44 303.15 299.17
Support 4 (S4) 297.36