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Uptrend SupportArchive - 4/25/2025 - Sign In to see current Signals. |
CIGNA Corp. (CI) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the CIGNA Corp. (CI). During the week, the CI gained 5.23 points, or 1.58%, and closed at 335.36 on Friday, April 25, 2025. CI was trading at average weekly trading volume.
Long-term trend: [See CI long-term trend chart] A long-term uptrend had started on November 21, 2008 at 8.00 and reached 370.83 on September 16, 2024. CI gained -362.83 points, or -4535.38%, in 825 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 184.76 and resistance is at 384.71. 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 long-term trend.
Medium-term trend: [See CI medium-term trend chart] A medium-term uptrend had started on March 18, 2020 at 118.50 and reached 370.83 on September 16, 2024. CI gained -252.33 points, or -212.94%, in 234 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 307.14 and resistance is at 410.10. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See CI weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is above its signal line since February 21, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See CI short-term trend chart] A short-term uptrend had started on January 30, 2025 at 269.00 and reached 343.90 on April 4, 2025. CI gained -74.90 points, or -27.84%, in 64 days. The price is now at the 11.40% retracement level.
Daily Technical Indicators: [See CI daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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