CITI TRENDS INC (CTRN)

US17306X1028 - Common Stock

24.43  +0.3 (+1.24%)

After market: 24.43 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CTRN. Although CTRN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CTRN is part of the Specialty Retail industry. There are 125 other stocks in this industry. CTRN outperforms 70% of them.
In the last month CTRN has a been trading in the 21.66 - 25.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that CTRN is one of the better performing stocks in the market, outperforming 81% of all stocks. However, CTRN's most recent performance is quite weak.
CTRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTRN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CTRN Weekly chart
CTRN Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, CTRN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.44. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

15.35

31.71

We found 5 important support areas.

  • Support @22.65 from a trend line in the weekly time frame.
  • Support @22.10 from a horizontal line in the weekly time frame.
  • A support zone ranging from 21.44 to 21.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @21.03 from a horizontal line in the daily time frame.
  • Support @15.51 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 24.44 to 24.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @31.40 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.9
Mansfield-0.87
10 Day High25.03
10 Day Low21.66
20 Day High25.03
20 Day Low21.66
52 Week High32.9
52 Week Low14.89
Performance
1 Week10.69%
2 Weeks9.01%
1 Month11.96%
3 Month-23.42%
6 Month3.21%
12 Month57.21%
2 Year-18.24%
3 Year-70.69%
5 Year78.58%
10 Year21.18%
15 Year-5.24%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.23
RSI(14)57.54
LBB21.87
UBB24.84
CTRN Daily chart

CITI TRENDS INC

NASDAQ:CTRN (5/31/2024, 7:00:00 PM)

After market: 24.43 0 (0%)

24.43

+0.3 (+1.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.24%
1 Week10.69%
2 Weeks9.01%
1 Month11.96%
3 Month-23.42%
6 Month3.21%
12 Month57.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.4
ATR(20)%4.92%
ATR Inc
Range Today3.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High25.03
10 Day Low21.66
20 Day High25.03
20 Day Low21.66
52 Week High32.9
52 Week Low14.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume239.00K
Volume Incr47.01%
Vol(5)129.02K
Vol(50)87.28K