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 10 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.
Both the short term and long term trends are positive. This is a very positive sign.
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. 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 393 other stocks in this industry. C outperforms 98% of them.
C is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so C is lagging the market slightly.
In the last month C has a been trading in the 86.22 - 96.91 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
C has an average volume of 14540000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
C has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 91.83, a Stop Loss order could be placed below this zone.
More info and screens
57.09
97.03
We found 5 important support areas.
- A support zone ranging from 90.79 to 91.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 85.40 to 86.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.90 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 96.07 to 96.07. 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 | 90.96 | POSITIVE | C has a high relative strength, it outperformed 90.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of C is below 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) | 57.49 | NEUTRAL | The RSI value for C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests C has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.99 | NEUTRAL | The Stochastics value for C is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for C suggests some volalility. |
| Average Directional Index/ADX (14) | 37.84 | 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)
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 |
|---|---|---|---|
| 93.13 | 90.78 | 2.35 (2.52%) | 25.00% |
| An entry @93.13. This is a Buy Stop order right above the 10 day moving average. | An exit @90.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.35 points, which is 2.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of C. Please evaluate whether better entry and exit points can be found.
- 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.
92.73
+1.5 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.64%
1 Week0.98%
2 Weeks-3.48%
1 Month6.92%
3 Month29.78%
6 Month13.47%
12 Month60.32%
2 Year124.58%
3 Year89.98%
5 Year81.4%
10 Year73.39%
15 Year149.95%
Volatility
ATR(14)2.11
ATR(20)%2.4%
ATR Inc5.14%
Range Today1.94
ADR(20)2.07
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.96
Mansfield1.74
10 Day High96.2
10 Day Low87.94
20 Day High96.91
20 Day Low86.22
52 Week High96.91
52 Week Low55.51
CS1 End91.83
CR1 Start96.07
Volume & EV
DER(3)2.07%
DER(5)1.1%
Volume10.77M
Volume Incr-18.27%
Vol(5)13.67M
Vol(50)14.54M