CITIZENS FINANCIAL GROUP (CFG) Stock Technical Analysis
NYSE:CFG - New York Stock Exchange, Inc. - US1746101054 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CFG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CFG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
CFG is one of the better performing stocks in the Banks industry, it outperforms 84% of 394 stocks in the same industry.
CFG 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 CFG has a been trading in the 40.16 - 48.16 range, which is quite wide. It is currently trading near the high of this range.
CFG has an average volume of 4841690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CFG did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although CFG has an excellent technical rating, the quality of the presented setup is not ideal 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
33.73
48.95
We found 6 important support areas.
- A support zone ranging from 47.10 to 47.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.25 to 43.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.57 from a horizontal line in the daily time frame.
- Support @36.55 from a trend line in the weekly time frame.
- Support @35.08 from a trend line in the weekly time frame.
- Support @34.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.15 to 48.47. 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 CFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFG is up. |
| ChartMill Relative Strength | 82.83 | POSITIVE | CFG has a high relative strength, it outperformed 82.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.53 | OVERBOUGHT | The high RSI value suggests CFG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests CFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.62 | OVERBOUGHT | The high Stochastics value suggests CFG may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for CFG suggests low volalility. |
| Average Directional Index/ADX (14) | 42.76 | POSITIVE | The high ADX value value for CFG 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)
47.88
+0.21 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.44%
1 Week1.74%
2 Weeks7.77%
1 Month16.3%
3 Month35.06%
6 Month0.72%
12 Month16.78%
2 Year48.42%
3 Year26.1%
5 Year92.99%
10 Year83.66%
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%1.94%
ATR Inc-36.39%
Range Today0.57
ADR(20)0.87
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.83
Mansfield0.4
10 Day High48.16
10 Day Low44.58
20 Day High48.16
20 Day Low40.17
52 Week High49.25
52 Week Low32.6
CS1 End47.66
CR1 Start48.15
Volume & EV
DER(3)0.04%
DER(5)-0.84%
Volume4.95M
Volume Incr10.69%
Vol(5)5.88M
Vol(50)4.84M