CITIGROUP INC (C) Technical Analysis
NYSE:C • US1729674242
Current stock price
C Technical Rating and Analysis
Taking everything into account, C scores 4 out of 10 in our technical rating. Although C 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.
- Looking at the yearly performance, C did better than 82% of all other stocks. On top of that, C also shows a nice and consistent pattern of rising prices.
- C is part of the Banks industry. There are 381 other stocks in this industry. C outperforms 90% of them.
- C is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so C is performing more or less in line with the market.
- C has an average volume of 15023800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month C has a been trading in the 102.01 - 117.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
C Weekly and Daily overview Charts
C Setup Rating and Analysis
Although the technical rating is only medium, C does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 105.69, a Stop Loss order could be placed below this zone.
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C Support and Resistance Analysis
57.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 105.50 to 105.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.33 from a horizontal line in the weekly time frame.
- Support @57.67 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 108.08 to 108.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 114.61 to 116.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 121.56 to 122.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
C Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for C is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for C is down. |
| ChartMill Relative Strength | 82.74 | POSITIVE | C has a high relative strength, it outperformed 82.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of C is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of C is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of C is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.66 | NEUTRAL | The RSI value for C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests C has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.81 | NEUTRAL | The Stochastics value for C is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for C suggests some volalility. |
| Average Directional Index/ADX (14) | 24.1 | NEUTRAL | The ADX value for C suggests a possible start of a new trend. |
C Chart- and CandleStick Pattern Analysis
C Technicals: Chart, Performance Metrics, Trend & Indicators
107.35
+1.66 (+1.57%)
CITIGROUP INC / C TA FAQ
What is the technical rating for C stock?
ChartMill assigns a technical rating of 4 / 10 to C.
What is the current trend direction of CITIGROUP INC (C) stock?
The current trend direction for CITIGROUP INC (C) is Bearish.
What is the RSI signal for CITIGROUP INC (C) stock?
CITIGROUP INC (C) has an RSI value of 42.6593. This indicates that the stock is currently neutral.
What is the short term momentum for C stock?
The short term momentum for CITIGROUP INC (C) is negative.
What are the support and resistance levels for CITIGROUP INC (C) stock?
CITIGROUP INC (C) has a support level at 105.69 and a resistance level at 108.08. Check the full technical report for our detailed analysis of C support and resistance levels.