|
|
Archive
- 5/8/2026 -
Sign In to see current Signals. |
CIGNA Corp. (CI) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the CIGNA Corp. (CI). During the week, the CI gained 5.16 points, or 1.82%, and closed at 288.06 on Friday, May 8, 2026. CI was trading at average weekly trading volume.
CI is a member of Health Care Sector. Health Care is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See CI long-term trend chart]
A long-term downtrend had started on September 16, 2024 at 370.83 and reached 239.51 on November 3, 2025. CI lost 131.32 points, or 35.41%, in 59 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See CI medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 257.85 and reached 293.77 on April 30, 2026. CI gained -35.92 points, or -13.93%, in 4 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 275.78 and resistance is at 299.53. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CI weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since April 2, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See CI short-term trend chart]
A short-term downtrend had started on April 30, 2026 at 293.77 and reached 274.01 on May 5, 2026. CI lost 19.76 points, or 6.73%, in 5 days. The price is now at the 71.10% retracement level.
Daily Technical Indicators: [See CI daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 7, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|