Insurance Technology Industry News

TMCNet:  Shares of CI Up 22.5% Since Uptrend Call on Shares

[November 08, 2012]

Shares of CI Up 22.5% Since Uptrend Call on Shares

Nov 08, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for CIGNA (NYSE:CI) on August 7th, 2012 at $42.91. In approximately 3 months, CIGNA has returned 22.54% as of today's recent price of $52.58.

Over the past year, CIGNA has traded in a range of $39.01 to $53.75 and is now at $52.58, 35% above that low. The 200-day and 50-day moving averages have moved 0.22% higher and 1.10% higher over the past week, respectively.

CIGNA Corporation, through its subsidiaries, provides group life and health insurance, managed care products and services, retirement products and services, and individual financial services worldwide. The Company also sells individual life and health insurance and annuity products in selected international locations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of CIGNA shares.Log in and add CIGNA (CI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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