CIGNA (CI) 10/27/09 PriceWatch Alert With Support Around $26.41
Posted: Tuesday, October 27, 2009 8:13 AM EDT
By: Market Intelligence Center Staff
CIGNA (NYSE: CI) closed yesterday at $27.50. So far the stock has hit a 52-week low of $8.00 and 52-week high of $33.00. CIGNA stock has been showing support around 26.41 and resistance in the 29.43 range. Technical indicators for the stock are Bearish and S&P gives CI a neutral 3 STAR (out of 5) hold rating. CI appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Jan '10 25 covered call (CI AE) for a net debit in the $23.60 area. That is also the break even stock price for this trade. This covered call has an 81 day duration, provides 14.18% downside protection and a 5.93% assigned return rate for a 26.73% annualized return rate (comparison purposes only). CIGNA has a current annual dividend yield of 0.14%. [ATU-Seven Summits Research]
CLICK HERE: FREE CIGNA (CI) Stock ReportSee what our analysts have uncovered about CIGNA (CI).
More News For CIGNA (CI):
CIGNA (CI) Trading Near $44.31 Resistance Level
Friday, February 10, 2012... CIGNA Corp. (NYSE: CI) closed Thursday's trading session at $43.54. In the past year, the stock has hit a 52-week low of $38.79 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1333970
CIGNA (CI) Trading Near $44.44 Resistance Level
Monday, February 06, 2012... CIGNA (NYSE:CI) closed Friday's positive trading session at $43.55. In the past year, the stock has hit a 52-week low of $38.79 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1332668
CIGNA (CI) Could Fall Through $43.80 Support Level
Tuesday, January 31, 2012... CIGNA Corp. (NYSE: CI) closed Monday's trading session at $44.50. In the past year, the stock has hit a 52-week low of $38.79 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1331266
blog comments powered by