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CIGNA Bullish Moving Average Crossover Alert (CI)

By James Quinn

Today, shares of CIGNA (NYSE:CI) have crossed bullishly above their 10-day moving average of $127.85 on a volume of 146K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

CIGNA share prices have moved between a 52-week high of $170.68 and a 52-week low of $121.87 and are now trading 5% above that low price at $128.09 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for CIGNA and will alert subscribers who have CI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses CIGNA

Ticker(s): CI