The Cigna Group is a global health company. Co. has two growth platforms: Evernorth Health Services and Cigna Healthcare. Co.'s portfolio of offerings solves diverse challenges across the healthcare system. Evernorth Health Services includes a range of independent and coordinated health solutions and capabilities designed to enable the healthcare system to help people live richer, healthier lives. Health plans, employers, governmental organizations and health care providers partner with Evernorth Health Services to solve their challenges in the areas of pharmacy benefits, home delivery pharmacy, specialty pharmacy, specialty distribution, and care delivery and management solutions.
When researching a stock like Cigna, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CI Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CI stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CI 200 day moving average ("CI 200 DMA"), while one of the most popular "shorter look-backs" is the CI 50 day moving average ("CI 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Cigna. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CI 200 DMA and the CI 50 DMA, we get a moving average convergence divergence indicator ("CI MACD"). The CI MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis