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Stock Charts AI Power Rank: 5.9
Power Rank trend -> Rising
07/26/2024 16:15:00 EST
Cigna Corp (CI)
Industry: Healthcare Plans
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, CI has been trading in a range between $344.76 and $319.12 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
CI is trading between resistance at $346.42 about 1% to the upside and support at $337.06 -2% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $364.08, about a 6% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Cigna Corp $CI entered a Green zone 9 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $332.86, a potential down side of -3.14% from the recent price of 343.64. The stock is trading 5.99% (potential upside) below its 52 week high of $364.21 and 36.44 % (potential downside) above its 52 week low of $251.86 - based on the recent price.
Company Summary
The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations.
News
| Is Cigna Group (CI) Outperforming Other Medical Stocks This Year? Here is how Cigna (CI) and atai Life Sciences N.V. (ATAI) have performed compared to their sector so far this year. Source: Zacks Investment Research Fri, 26 Jul 2024 10:41:33 -0400 Sentiment: Positive |
| Cigna (CI) Reports Next Week: Wall Street Expects Earnings Growth Cigna (CI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Source: Zacks Investment Research Thu, 25 Jul 2024 11:06:45 -0400 Sentiment: Positive |
| 3 HMO Stocks Set to Thrive on a Varied Customer Base, Tech Investments Rising premiums, technological advancements and increased demand for Medicare plans are expected to drive the performances of the Zacks Medical-HMO industry players. UNH, CI and CNC are poised to benefit from encouraging industry prospects. Source: Zacks Investment Research Thu, 25 Jul 2024 10:02:05 -0400 Sentiment: Positive |
| The Cigna Group Declares Quarterly Dividend BLOOMFIELD, Conn. , July 24, 2024Â /PRNewswire/ -- The Board of Directors of The Cigna Group (NYSE: CI) today declared a cash dividend of $1.40 per share of its common stock, payable on September 19, 2024 to shareholders of record as of the close of business on September 4, 2024. Source: PRNewsWire Wed, 24 Jul 2024 16:30:00 -0400 Sentiment: Neutral |
| Here's Why Cigna (CI) is a Strong Value Stock The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Source: Zacks Investment Research Mon, 22 Jul 2024 10:42:06 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 364.2107 52 Week Low: 251.8576 Beta: 0.525 50 Day MA: 335.6082 200 Day MA: 323.8965 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.105 Qtr Revenue Growth YOY: 0.193 Forward PE: 12.3153 Trailing PE: 28.009