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Cigna Corp Crosses Below its 10-day MA (CI)

By Shiri Gupta

Cigna Corp (NYSE:CI) crossed under its 10-day moving average of $164.22 on a volume of 551K shares. This may provide swing traders with 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 $158.00 and a high of $226.61 and are now at $161.88, 2% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has remained constant.

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

Keywords: moving crosses cigna corp

Ticker(s): CI