CITIGROUP INC (C) Stock Technical Analysis
NYSE:C • US1729674242
We assign a technical rating of 10 out of 10 to C. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, C is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, C did better than 84% of all other stocks. We also observe that the gains produced by C over the past year are nicely spread over this period.
- C is part of the Banks industry. There are 381 other stocks in this industry. C outperforms 83% of them.
- C is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month C has a been trading in the 110.47 - 125.16 range, which is quite wide. It is currently trading near the high of this range.
- C has an average volume of 14260200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although C has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
57.09
We found 4 important support areas.
- A support zone ranging from 112.41 to 116.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.43 from a trend 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 117.80 to 118.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 122.69 to 123.77. 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 | UP | POSITIVE | The short term trend for C is up. |
| ChartMill Relative Strength | 84.68 | POSITIVE | C has a high relative strength, it outperformed 84.68% 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) | 50.7 | NEUTRAL | The RSI value for C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests C has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.86 | NEUTRAL | The Stochastics value for C is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for C suggests some volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for C suggests a weak or negative trend. |
117.39
-4.76 (-3.9%)
CITIGROUP INC / C FAQ
What is the technical rating for C stock?
ChartMill assigns a technical rating of 10 / 10 to C.
What is the current trend direction of CITIGROUP INC (C) stock?
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 50.6971. 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 positive.
What are the support and resistance levels for CITIGROUP INC (C) stock?
CITIGROUP INC (C) has a support level at 116.58 and a resistance level at 117.8. Check the full technical report for our detailed analysis of C support and resistance levels.