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Cigna Corp (CI) Crosses Pivot Point Resistance at $156.41

By Nick Russo

Shares of Cigna Corp (NYSE:CI) opened today above their pivot of $154.64 and have already reached the first level of resistance at $156.41. Investors may be interested in a cross of the next upside pivot targets of $157.56 and $160.48.

Potential upside of 36.9% exists for Cigna Corp, based on a current level of $156.76 and analysts' average consensus price target of $214.53. Cigna Corp shares should first meet resistance at the 50-day moving average (MA) of $160.72 and find additional resistance at the 200-day MA of $188.59.

Cigna Corp share prices have moved between a 52-week high of $226.61 and a 52-week low of $141.95 and are now trading 10% above that low price at $156.76 per share. The 200-day and 50-day moving averages have moved 0.17% lower and 0.65% lower over the past week, respectively.

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