THE CIGNA GROUP - 1H - Technical analysis published on 04/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 326.20 USD
My targets
333.02 USD (+0.68%)
339.95 USD (+2.78%)
My analysis
THE CIGNA GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 326.20 USD. The next resistance located at 333.02 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 339.95 USD. After this resistance, buyers could then target 361.66 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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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 330.77 USD. On the day, this instrument lost -0.07% and was between 327.48 USD and 332.65 USD. This implies that the price is at +1.00% from its lowest and at -0.57% from its highest.327.48
332.65
330.77
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this THE CIGNA GROUP chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 305.03 | 313.51 | 326.20 | 330.77 | 333.02 | 339.95 | 361.66 |
| Change (%) | -7.78% | -5.22% | -1.38% | - | +0.68% | +2.78% | +9.34% |
| Change | -25.74 | -17.26 | -4.57 | - | +2.25 | +9.18 | +30.89 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | Major |
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 | 323.85 | 326.18 | 328.59 | 330.92 | 333.33 | 335.66 | 338.07 |
| Camarilla | 329.70 | 330.13 | 330.57 | 331.00 | 331.44 | 331.87 | 332.30 |
| Woodie | 323.89 | 326.20 | 328.63 | 330.94 | 333.37 | 335.68 | 338.11 |
| Fibonacci | 326.18 | 327.99 | 329.11 | 330.92 | 332.73 | 333.85 | 335.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 299.04 | 306.22 | 315.63 | 322.81 | 332.22 | 339.40 | 348.81 |
| Camarilla | 320.48 | 322.00 | 323.52 | 325.04 | 326.56 | 328.08 | 329.60 |
| Woodie | 300.16 | 306.78 | 316.75 | 323.37 | 333.34 | 339.96 | 349.93 |
| Fibonacci | 306.22 | 312.56 | 316.47 | 322.81 | 329.15 | 333.06 | 339.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 284.82 | 295.21 | 312.11 | 322.50 | 339.40 | 349.79 | 366.69 |
| Camarilla | 321.50 | 324.00 | 326.50 | 329.00 | 331.50 | 334.00 | 336.51 |
| Woodie | 288.07 | 296.84 | 315.36 | 324.13 | 342.65 | 351.42 | 369.94 |
| Fibonacci | 295.21 | 305.64 | 312.08 | 322.50 | 332.93 | 339.37 | 349.79 |
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): | 61.34 | |
| MACD (12,26,9): | 2.0800 | |
| Directional Movement: | 12.21 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 331.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 327.12 | |
| Elder Ray (13): | 0.84 | |
| Super Trend (3,10): | 324.41 | |
| Zig ZAG (10): | 331.24 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 70.99 | |
| TEMA (21): | 332.01 | |
| Williams %R (14): | -26.36 | |
| Chande Momentum Oscillator (20): | 2.14 | |
| Repulse (5,40,3): | 0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 2.58 |
| MA7: | 324.04 | |
| MA20: | 319.67 | |
| MA50: | 305.46 | |
| MA100: | 303.42 | |
| MAexp7: | 330.74 | |
| MAexp20: | 328.83 | |
| MAexp50: | 325.30 | |
| MAexp100: | 321.48 | |
| Price / MA7: | +2.08% | |
| Price / MA20: | +3.47% | |
| Price / MA50: | +8.29% | |
| Price / MA100: | +9.01% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.59% | |
| Price / MAexp50: | +1.68% | |
| Price / MAexp100: | +2.89% |
Quotes :
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15 min delayed data
-
NYSE Stocks
News
The last news published on THE CIGNA GROUP at the time of the generation of this analysis was as follows:
- The Cigna Group Completes Sale of Medicare Businesses to HCSC
- The Cigna Group announces leadership changes to accelerate the company's growth strategy
- The Cigna Group Announces Appearance at Barclays 27th Annual Global Healthcare Conference
- The Cigna Group Foundation Combats Youth Mental Health Crisis, Now Accepting 2025 Grant Applications from Nonprofits
- The Cigna Group Launches Actions To Drive Positive Change for Customers and Patients
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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