CITIGROUP INC (C) Stock Technical Analysis
USA - NYSE:C - US1729674242 - Common Stock
Taking everything into account, C scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, C has proven to be a steady performer, scoring decent points in every aspect analyzed.
C has an excellent technical rating and also presents 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 103.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.44, a Stop Loss order could be placed below this zone.
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57.09
5 important support areas can be observed.
- A support zone ranging from 99.13 to 99.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 93.93 to 94.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.23 from a horizontal line in the daily time frame.
- Support @59.33 from a horizontal line in the weekly time frame.
- Support @57.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.42 to 103.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for C is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for C is neutral. |
| ChartMill Relative Strength | 87.68 | POSITIVE | C has a high relative strength, it outperformed 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of C is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of C is above the rising 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) | 54.35 | NEUTRAL | The RSI value for C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests C has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.93 | OVERBOUGHT | The high Stochastics value suggests C may be overbought. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for C suggests some volalility. |
| Average Directional Index/ADX (14) | 8.63 | NEGATIVE | The low ADX value for C suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 103.50 | 99.12 | 4.38 (4.23%) | 23.63% |
| An entry @103.50. This is a Buy Stop order right above the resistance zone. | An exit @99.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.38 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.63% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
100.79
-0.06 (-0.06%)
CITIGROUP INC / C FAQ
What is the technical rating for C stock?
ChartMill assigns a technical rating of 10 / 10 to C.
Can you provide the trend direction for CITIGROUP INC?
The current trend direction for CITIGROUP INC (C) is Bullish.
What is the RSI signal for CITIGROUP INC (C) stock?
CITIGROUP INC (C) has an RSI value of 54.3474. This indicates that the stock is currently neutral.
What is the short term momentum for CITIGROUP INC (C) stock?
The short term momentum for CITIGROUP INC (C) is neutral.