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Cigna Corp Bearish Moving Average Crossover Alert (CI)

By Shiri Gupta

Today, shares of Cigna Corp (NYSE:CI) have fallen below their 10-day MA of $185.25 on a volume of 1.5 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Cigna Corp share prices have been bracketed by a low of $163.02 and a high of $227.13 and are now at $184.22, 13% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-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