Cigna Stock Ready to Bounce Off Bullish Trendline
Cigna(CI) Schaeffers Research·2024-05-16 02:43
Though Cigna Group (NYSE:CI) stock was last seen down 1% to trade at $343.11, it's not too far removed from its March 28, record high of $365.71, and sports a 34.6% year-over-year lead. What's more, shares look ready to rally once again, thanks to a trendline that has historically preceded sharp moves higher. Cigna stock's recent pullback placed it within striking distance of its 80-day moving average. According to Schaeffer's Senior Quantitative Analyst Rocky White's data, CI flashed eight similar signals ...