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Bullish Moving Average Cross by Cigna Corp (CI)

By David Diaz

Cigna Corp (NYSE:CI) shares have crossed bullishly above their 10-day moving average of $161.39 on a volume of 162K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Cigna Corp have traded between a low of $141.95 and a high of $226.61 and are now at $163.77, which is 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Cigna Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cigna Corp in search of a potential trend change.

Keywords: moving crosses cigna corp

Ticker(s): CI