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Asset Summary

Weekly Performance Report for CI ETF: Week 46, 2024

Summary: The Weekly started with CI ETF opening at $342.52 and closing at $321.52. The ETF showed weakness throughout the Weekly, with the highest price observed at $347.62 and the lowest at $316.77. The underlying asset had a trading range of $30.85 Overall, it was a negative trading Weekly for CI ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-21.00 or -6.13% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for CI ETF was 9,983,042 units during Week 46, indicating active market participation and investor interest.

Opening Price: The Weekly started at $342.52.

Highest Price: The highest price observed during the Weekly was $347.62.

Lowest Price: The lowest price observed during the Weekly was $316.77.

Closing Price: The Weekly ended at $321.52.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, Cigna is actively expanding its service offerings to adapt to market demands and healthcare trends.

Cigna competes with Anthem, Aetna, and UnitedHealth Group in the health insurance sector.

You can track CI stock through brokerage platforms and financial news outlets.

Consider risks related to healthcare regulations, market competition, and economic factors.

Cigna’s market capitalization can be found on financial news and stock analysis websites.

Whether Cigna is a good investment depends on your individual financial situation and market analysis.

CI stock performance can be analyzed on financial platforms for the latest updates.

Cigna news can be accessed through financial news websites and their official communications.

Yes, Cigna pays dividends, and details can be found on their investor relations website.

Stock price can be influenced by earnings reports, healthcare regulations, and market trends.

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