Volatility Contraction Sets Up CI Move Near $276.51
NeutralCigna Group (CI) closed up 0.60% at $276.51 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($274.16) with a bullish stack. The 21-day EMA at $271.86 provides support.
Momentum
RSI at 54.9 is in neutral territory but trending higher. MACD is bullish (-0.16 vs signal -1.26).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.