CITIGROUP INC (C) Stock Technical Analysis
NYSE:C - New York Stock Exchange, Inc. - US1729674242 - Common Stock - Currency: USD
Overall C gets a technical rating of 9 out of 10. 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.
The long and short term trends are both positive. This is looking good!
C is part of the Banks industry. There are 394 other stocks in this industry. C outperforms 97% of them.
A new 52 week high is currently being made by C, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month C has a been trading in the 77.50 - 93.80 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.
C has an average volume of 13720200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that C is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although C has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.09
94.38
When analyzing the support we can see 5 important areas.
- A support zone ranging from 85.10 to 86.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.91 to 81.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.11 from a trend line in the weekly 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.
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 | 90.33 | POSITIVE | C has a high relative strength, it outperformed 90.33% 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) | 78.15 | OVERBOUGHT | The high RSI value suggests C may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests C has a positive trend. |
| Stochastics (14,3) | 91.86 | OVERBOUGHT | The high Stochastics value suggests C may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for C suggests low volalility. |
| Average Directional Index/ADX (14) | 46.25 | POSITIVE | The high ADX value value for C suggests a strong trend. |
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)
93.45
+0.36 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.39%
1 Week7.75%
2 Weeks5.33%
1 Month19.27%
3 Month47.75%
6 Month16.83%
12 Month43.46%
2 Year96.08%
3 Year80.06%
5 Year86.86%
10 Year59.85%
15 Year127.93%
Volatility
ATR(14)1.96
ATR(20)%1.98%
ATR Inc17.74%
Range Today1.06
ADR(20)1.77
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.33
Mansfield2.21
10 Day High93.8
10 Day Low85.48
20 Day High93.8
20 Day Low77.51
52 Week High93.8
52 Week Low53.51
CS1 End86.73
CR1 StartN/A
Volume & EV
DER(3)2.19%
DER(5)2.64%
Volume16.60M
Volume Incr69.27%
Vol(5)23.32M
Vol(50)13.72M