CITIZENS FINANCIAL GROUP (CFG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CFG - US1746101054 - Common Stock
Overall CFG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CFG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- CFG is part of the Banks industry. There are 383 other stocks in this industry. CFG outperforms 85% of them.
- 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.
- CFG has an average volume of 4897240 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 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month CFG has a been trading in the 58.25 - 65.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
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
5 important support areas can be observed.
- A support zone ranging from 57.33 to 58.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.40 from a trend line in the daily time frame.
- Support @50.78 from a trend line in the daily time frame.
- Support @35.20 from a trend line in the weekly time frame.
- Support @34.07 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 CFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFG is up. |
| ChartMill Relative Strength | 85.98 | POSITIVE | CFG has a high relative strength, it outperformed 85.98% 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) | 61.75 | NEUTRAL | The RSI value for CFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.22 | NEUTRAL | The Stochastics value for CFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CFG suggests some volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for CFG suggests a strong trend. |
62.64
-1.61 (-2.51%)
CITIZENS FINANCIAL GROUP / CFG FAQ
Can you provide the ChartMill technical rating for CITIZENS FINANCIAL GROUP?
ChartMill assigns a technical rating of 9 / 10 to CFG.
What is the current trend direction of CITIZENS FINANCIAL GROUP (CFG) stock?
The current trend direction for CITIZENS FINANCIAL GROUP (CFG) is Bullish.
What is the RSI signal for CFG stock?
CITIZENS FINANCIAL GROUP (CFG) has an RSI value of 61.7495. This indicates that the stock is currently neutral.
What is the MACD signal for CFG stock?
The MACD indicator for CITIZENS FINANCIAL GROUP (CFG) has a value of 0.109686, indicating a bearish trend.
What is the buy/sell signal for CITIZENS FINANCIAL GROUP (CFG) stock?
The buy/sell signal for CITIZENS FINANCIAL GROUP (CFG) is buy as both the short term and long term trends are positive.