Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Aetna Inc (AET) announced on Tuesday that it had appointed Richard Weiss as its new Market President of Florida. He will be responsible for earnings and losses of the market’s small group, large group, public & labor as well as Medicare businesses.

Aetna shares closed higher for a second consecutive trading session in New York on Tuesday. The stock went up 0.33% ($0.67) to $205.44, after touching an intraday high at $206.28 and also a fresh all-time high.

Shares of Aetna Inc have surged 13.89% so far in 2018 compared with an 8.63% gain for the underlying index, S&P 500 (SPX).

In 2017, Aetna’s stock rose 45.46%, thus, it again outperformed the S&P 500, which registered a 19.42% return.

Most recently, Richard Weiss served as Executive Director for Aetnas Florida Market, as he managed network operations, strategy, contracting and value-based arrangements with local hospitals and physician groups.

Before assuming the role of Executive Director, Weiss was Chief Financial Officer for Aetna’s Florida Market and he also served as financial coach for Aetna’s Southeast territory.

“Richard brings strong leadership and a well-rounded background from within the company. His industry experience and business acumen makes him the right choice to lead our Florida operations,” Jonathan Mayhew, Aetna’s president of markets, was quoted as saying in the companys press release.

According to CNN Money, the 15 analysts, offering 12-month forecasts regarding Aetna Inc’s stock price, have a median target of $202.00, with a high estimate of $224.00 and a low estimate of $181.00. The median estimate represents a 1.67% downside compared to the closing price of $205.44 on September 18th.

The same media also reported that 13 out of 19 surveyed investment analysts had rated Aetna Inc’s stock as “Hold”, while 5 – as “Buy”.

Daily and Weekly Pivot Levels

With the help of the Camarilla calculation method, today’s levels of importance for the Aetna stock are presented as follows:

R1 – $205.63
R2 – $205.83
R3 (Range Resistance – Sell) – $206.02
R4 (Long Breakout) – $206.60
R5 (Breakout Target 1) – $207.28
R6 (Breakout Target 2) – $207.56

S1 – $205.25
S2 – $205.05
S3 (Range Support – Buy) – $204.86
S4 (Short Breakout) – $204.28
S5 (Breakout Target 1) – $203.60
S6 (Breakout Target 2) – $203.32

By using the traditional method of calculation, the weekly levels of importance for Aetna Inc (AET) are presented as follows:

Central Pivot Point – $202.37
R1 – $204.58
R2 – $206.41
R3 – $208.62
R4 – $210.83

S1 – $200.54
S2 – $198.33
S3 – $196.50
S4 – $194.67

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: USD/NOK daily forecastForex Market: USD/NOK daily forecast During yesterday’s trading session USD/NOK traded within the range of 6.0894-6.1239 and closed at 6.1117.At 6:22 GMT today USD/NOK was losing 0.01% for the day to trade at 6.1132. The pair touched a daily low at 6.1073 at 5:00 […]
  • Forex Market: USD/CAD daily trading outlookForex Market: USD/CAD daily trading outlook Friday’s trade saw USD/CAD within the range of 1.2830-1.2958. The pair closed at 1.2941, going up 0.73% on a daily basis. It has been the 47th gain in the past 94 trading days and also the steepest one since May 4th, when the pair surged […]
  • Gold extends gains on increased demand, drop in stocksGold extends gains on increased demand, drop in stocks Gold rose to a two-month high on Friday, marking a seventh day of gains in eight, and is set for the best week in five as sales from ETPs slowed and on signs of increased demand. Silver gained, while platinum and palladium fell.On the […]
  • Grain futures mixed, corn declines on ample supply outlookGrain futures mixed, corn declines on ample supply outlook Grain futures were mixed on Friday with wheat and soybeans marking daily gains, while corn declined amid ample supplies and declining demand.On the Chicago Board of Trade, corn futures for September delivery traded at $5.5725 a bushel at […]
  • USD/CHF edges higher, but gains capped before NFPUSD/CHF edges higher, but gains capped before NFP US dollar edged higher against the Swiss franc on Tuesday, but gains were likely to remain limited, as market players used caution positioning themselves in the market ahead of the keenly anticipated US non-farm payrolls data.USD/CHF hit […]
  • Forex Market: GBP/USD daily trading outlookForex Market: GBP/USD daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.5912 - 1.5803 to settle 0.30% lower at 1.5825, ending an entire week of gains.At 07:23 GMT today GBP/USD was down 0.11% to trade at 1.5807. The cross held in a daily range of 1.5765 - […]