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Cigna Corp (CI) Breaks Through Support at $177.69

By David Diaz

Cigna Corp (NYSE:CI) has opened bearishly below the pivot of $179.65 today and has reached the first level of support at $177.69. Analysts will be watching for a cross of the next downside pivot targets of $176.56 and $173.46.

Cigna Corp share prices have moved between a 52-week high of $227.13 and a 52-week low of $163.02 and are now trading 10% above that low price at $178.89 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Cigna Corp has overhead space with shares priced $178.89, or 16.6% below the average consensus analyst price target of $214.53. Cigna Corp shares should encounter resistance at the 200-day moving average (MA) of $189.02 and support at the 50-day MA of $173.12.

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: pivot alerts cigna corp

Ticker(s): CI