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Downtrend ResistanceArchive
- 5/29/2026 -
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CIGNA Corp. (CI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the CIGNA Corp. (CI). During the week, the CI dropped -8.84 points, or -3.09%, and closed at 277.40 on Friday, May 29, 2026. It was the worst weekly loss since March 6, 2026. Weekly volume was 8% above average.
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. The price is now at the 28.85% retracement 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 303.33 on May 13, 2026. CI gained -45.48 points, or -17.64%, in 6 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (284.98) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CI may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support 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 May 13, 2026 at 303.33 and reached 276.14 on May 29, 2026. CI lost 27.19 points, or 8.96%, in 16 days. Price is near the trend low.
 Daily Technical Indicators: [See CI daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since May 19, 2026. This is an indication that the short-term trend is down.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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