THE CIGNA GROUP - 1H - Technical analysis published on 02/07/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 292.14 USD
My targets
282.79 USD (-1.50%)
274.49 USD (-4.39%)
My analysis
THE CIGNA GROUP is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 292.14 USD. The next support located at 282.79 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 274.49 USD. Below this support, sellers could then target 268.99 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THE CIGNA GROUP price is 287.10 USD. On the day, this instrument lost -0.05% with the lowest point at 285.27 USD and the highest point at 289.71 USD. The deviation from the price is +0.64% for the low point and -0.90% for the high point.285.27
289.71
287.10
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of THE CIGNA GROUP indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 268.99 | 274.49 | 282.79 | 287.10 | 287.42 | 292.14 | 302.33 |
| Change (%) | -6.31% | -4.39% | -1.50% | - | +0.11% | +1.76% | +5.30% |
| Change | -18.11 | -12.61 | -4.31 | - | +0.32 | +5.04 | +15.23 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 280.10 | 283.10 | 285.17 | 288.17 | 290.24 | 293.24 | 295.31 |
| Camarilla | 285.84 | 286.30 | 286.77 | 287.23 | 287.70 | 288.16 | 288.62 |
| Woodie | 279.63 | 282.87 | 284.70 | 287.94 | 289.77 | 293.01 | 294.84 |
| Fibonacci | 283.10 | 285.04 | 286.24 | 288.17 | 290.11 | 291.31 | 293.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 232.94 | 250.96 | 272.59 | 290.61 | 312.24 | 330.26 | 351.89 |
| Camarilla | 283.31 | 286.94 | 290.58 | 294.21 | 297.85 | 301.48 | 305.11 |
| Woodie | 234.74 | 251.86 | 274.39 | 291.51 | 314.04 | 331.16 | 353.69 |
| Fibonacci | 250.96 | 266.11 | 275.47 | 290.61 | 305.76 | 315.12 | 330.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 232.94 | 250.96 | 272.59 | 290.61 | 312.24 | 330.26 | 351.89 |
| Camarilla | 283.31 | 286.94 | 290.58 | 294.21 | 297.85 | 301.48 | 305.11 |
| Woodie | 234.74 | 251.86 | 274.39 | 291.51 | 314.04 | 331.16 | 353.69 |
| Fibonacci | 250.96 | 266.11 | 275.47 | 290.61 | 305.76 | 315.12 | 330.26 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.92 | |
| MACD (12,26,9): | -1.3900 | |
| Directional Movement: | -10.60 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 287.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 290.87 | |
| Elder Ray (13): | -1.41 | |
| Super Trend (3,10): | 283.99 | |
| Zig ZAG (10): | 287.67 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 27.45 | |
| TEMA (21): | 287.07 | |
| Williams %R (14): | -65.14 | |
| Chande Momentum Oscillator (20): | -2.52 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.57 |
| MA7: | 289.96 | |
| MA20: | 290.16 | |
| MA50: | 294.19 | |
| MA100: | 314.08 | |
| MAexp7: | 288.01 | |
| MAexp20: | 289.35 | |
| MAexp50: | 291.09 | |
| MAexp100: | 290.63 | |
| Price / MA7: | -0.99% | |
| Price / MA20: | -1.05% | |
| Price / MA50: | -2.41% | |
| Price / MA100: | -8.59% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -1.37% | |
| Price / MAexp100: | -1.21% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on THE CIGNA GROUP. At the time of publication of this analysis, the latest news was as follows:
- The Cigna Group Launches Actions To Drive Positive Change for Customers and Patients
- The Cigna Group Reports Fourth Quarter and Full Year 2024 Results, Establishes 2025 Outlook and Increases Dividend
- The Cigna Group's Fourth Quarter 2024 Earnings Release Details
- The Cigna Group Foundation Supports Mental Health and Housing Stability for Veterans, Announcing First Round of Grant Recipients
- The Cigna Group Foundation Announces First Grantee Cohort of Health Equity Impact Fund
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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