Health Care Providers and Services Equities Technical Analysis -- Research on Cigna, Humana, Health Net, and Centene

By PR Newswire,  June 05, 2014, 07:50:00 AM EDT


Editor Note: For more information about this release, please scroll to bottom.

LONDON, June 5, 2014 /PRNewswire/ --

The US markets on Wednesday, June 4, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,737.53, up 0.09% and the NASDAQ Composite closed at 4,251.64, up 0.41%. The S&P 500 finished the session 0.19% higher at 1,927.88. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 694.30, up 0.23%, with the index advancing 3.81% in the last one month. Investor-Edge has initiated coverage on the following equities: Cigna Corp. (NYSE:CI), Humana Inc. (NYSE:HUM), Health Net Inc. (NYSE:HNT) and Centene Corp. (NYSE:CNC). Free technical research on CI, HUM, HNT and CNC can be downloaded upon signing up at:



http://www.investor-edge.com/3465-register



Cigna Corp.'s stock finished the Wednesday's session 0.01% higher at $90.41, hitting a new 52-week high of $90.78. A total of 1.16 million shares were traded, which was below its three months average volume of 2.04 million shares. The stock vacillated between $90.15 and $90.78 during the session. Over the last one month and over the previous three months, Cigna Corp.'s shares have gained 9.38% and 13.42%, respectively. Additionally, from the beginning of 2014, the company's stock has advanced 3.35%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $83.15 is greater than its 200-day moving average of $82.02. Cigna Corp.'s stock traded at a PE ratio of 13.27 and has a Relative Strength Index (RSI) of 72.76. Sign up today to read free research on CI at:



http://www.investor-edge.com/3465-CI-05Jun2014.pdf



On Wednesday, shares in Humana Inc. fluctuated between $124.03 and $125.60 before ending the session 0.68% higher at $125.24. The stock reported a trading volume of 1.34 million shares, below its three months average volume of 1.48 million shares. Shares of the company traded at a PE ratio of 17.82. Humana Inc.'s shares have gained 0.63% in the previous three trading sessions, 15.02% in the last one month, and 21.33% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $114.88 and $103.15, respectively. Moreover, shares of Humana Inc. have an RSI of 65.04. Sign up today to read free research on HUM at:



http://www.investor-edge.com/3465-HUM-05Jun2014.pdf



Health Net Inc.'s stock edged 0.20% higher, to close the day at $40.05. The stock recorded a trading volume of 0.95 million shares, above its three months average volume of 0.86 million shares. The stock oscillated between $39.80 and $40.34 during the session. Over the last three trading sessions and over the past one month, Health Net Inc.'s shares have gained 0.18% and 17.17%, respectively. Further, the stock has gained an upside of 34.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Health Net Inc.'s 50-day moving average of $35.60 is above its 200-day moving average of $32.34. Additionally, the stock traded at a PE ratio of 20.42 and has an RSI of 70.71. Sign up today to read free research on HNT at:



http://www.investor-edge.com/3465-HNT-05Jun2014.pdf



On Wednesday, Centene Corp.' stock recorded a trading volume of 0.47 million shares, lower than its three months average volume of 0.65 million shares. The stock ended the day at $73.13, which was 1.02% above its previous day's closing of $72.39, and registered an intraday range of $ $71.88 and $73.37. Shares of the company traded at a PE ratio of 22.92. Although Centene Corp.'s stock has lost 1.87% in the previous three trading sessions, it has gained 10.27% in the last one month and 24.05% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $65.66 and $61.78, respectively. Furthermore, shares of Centene Corp. have an RSI of 59.04. Sign up today to read free research on CNC at:



http://www.investor-edge.com/3465-CNC-05Jun2014.pdf





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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.



2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.



3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.



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SOURCE Investor-Edge



This article appears in: News Headlines

Referenced Stocks: CI, CNC, HNT, HUM


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