CITIGROUP INC (C)       48.41  +0.84 (+1.77%)

48.41  +0.84 (+1.77%)

US1729674242 - Common Stock - After market: 48.3 -0.11 (-0.23%)

Technical Rating

4

Taking everything into account, C scores 4 out of 10 in our technical rating. In the past year, C was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



C has an average volume of 18437800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month C has a been trading in the 44.27 - 50.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
63% of all other stocks performed better in the past year than C.
C is part of the Banks industry. There are 321 other stocks in this industry, of which 84% are performing better than C.
C is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 4.74% -0.88% -5.69% -22.86% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 37.89 40.005 - 69.11
C Weekly chart
C Daily chart

Support/Resistance Analysis


46.75

54.93
We found 1 important support area.
  • A support zone ranging from 47.22 to 48.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
  • A resistance zone ranging from 48.89 to 49.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @50.87 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 51.98 to 54.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

8

C has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 48.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.32, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

C Daily chart

CITIGROUP INC48.41

NYSE:C (11/30/2022, 7:23:33 PM)+0.84 (+1.77%)

After market: 48.3 -0.11 (-0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks
Performance
Today 1.77% 1 Week -1.86%
2 Weeks -1.26% 1 Month 4.74%
3 Month -0.88% 6 Month -5.69%
Volatility
ATR(14) 1.39 ATR(20)% 2.65%
ATR Inc 11.61% Range Today 2.23
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 37.89 Mansfield -0.64
10 Day High 49.68 10 Day Low 46.19
20 Day High 50.57 20 Day Low 44.27
52 Week High 69.11 52 Week Low 40.01
CS1 End 48.32 CR1 Start 48.89
Volume & EV
DER(3) 2.01% DER(5) 0.73%
Volume 23.99M Volume Incr 3.09%
Vol(5) 16.98M Vol(50) 18.44M

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