When The Cigna Group ($CI) Moves Investors should Listen

September 06, 2023, 15:45 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CI

• Buy CI slightly over 267.43 target 293.79 stop loss @ 266.66 Details

The technical summary data tells us to buy CI near 267.43 with an upside target of 293.79. This data also tells us to set a stop loss @ 266.66 to protect against excessive loss in case the stock begins to move against the trade. 267.43 is the first level of support below 276.44 , and by rule, any test of support is a buy signal. In this case, support 267.43 is being tested, a buy signal would exist.

• Short CI slightly under 293.79, target 267.43, stop loss @ 294.64 Details

The technical summary data is suggesting a short of CI as it gets near 293.79 with a downside target of 267.43. We should have a stop loss in place at 294.64though. 293.79 is the first level of resistance above 276.44, and by rule, any test of resistance is a short signal. In this case, if resistance 293.79 is being tested, a short signal would exist.

Swing Trading Plans for CI

• Buy CI slightly over 278.69, target 286.04, Stop Loss @ 277.89 Details

If 278.69 begins to break higher, the technical summary data tells us to buy CI just slightly over 278.69, with an upside target of 286.04. The data also tells us to set a stop loss @ 277.89 in case the stock turns against the trade. 278.69 is the first level of resistance above 276.44, and by rule, any break above resistance is a buy signal. In this case, 278.69, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CI slightly near 278.69, target 267.43, Stop Loss @ 279.49. Details

The technical summary data is suggesting a short of CI if it tests 278.69 with a downside target of 267.43. We should have a stop loss in place at 279.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 278.69, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CI

• Buy CI slightly over 277.33, target 278.69, Stop Loss @ 276.68 Details

If 277.33 begins to break higher, the technical summary data tells us to buy CI just slightly over 277.33, with an upside target of 278.69. The data also tells us to set a stop loss @ 276.68 in case the stock turns against the trade. 277.33 is the first level of resistance above 276.44, and by rule, any break above resistance is a buy signal. In this case, 277.33, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CI slightly near 277.33, target 267.43, Stop Loss @ 277.98. Details

The technical summary data is suggesting a short of CI if it tests 277.33 with a downside target of 267.43. We should have a stop loss in place at 277.98 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 277.33, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  The Cigna Group (CI) available here: CI.

CI Ratings for September 06:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	240.82
P2	277.33	278.69	267.43
P3	281.40	286.04	293.79

AI Generated Signals for CI

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How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  The Cigna Group (NYSE: CI) report below is a real world example. Included are trading plans for CI, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.