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Cigna Stock Ready to Bounce Off Bullish Trendline
CICigna(CI) Schaeffers Research·2024-05-15 18:43

Though Cigna Group (NYSE:CI) stock was last seen down 1% to trade at $343.11, it's not too far removed from its March 28, record high of $365.71, and sports a 34.6% year-over-year lead. What's more, shares look ready to rally once again, thanks to a trendline that has historically preceded sharp moves higher. Now also looks like an opportune time to speculate on the equity's next moves using options. This is per the stock's Schaeffer's Volatility Index (SVI) of 29% that ranks in the relatively low 16th perc ...