Cigna (CI) Technical Analysis

Cigna Corp (CI) is a company that operates in the healthcare industry, providing a variety of medical and health-related services. Technical analysis is an important tool used by investors and traders to evaluate the price movements and trends of a stock. By analyzing historical price data and various technical indicators, investors can make informed decisions about buying or selling CI stock. One such indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. A high RSI value suggests that the stock may be overbought, while a low RSI value indicates it may be oversold.

Another useful indicator is the Average Directional Index (ADX), which measures the strength of a stock's trend. A high ADX value suggests a strong trend, while a low value indicates a weak trend. The Moving Average Convergence Divergence (MACD) is another popular indicator used in technical analysis. It consists of two lines that represent the difference between two moving averages. When the MACD line crosses above the signal line, it is a bullish signal, while a cross below is bearish. The Rate of Change (ROC) is a momentum indicator that measures the percentage change in price over a specified period. A positive ROC indicates upward momentum, while a negative ROC suggests downward momentum.