CITIZENS FINANCIAL GROUP (CFG) Stock Technical Analysis
NYSE:CFG • US1746101054
Overall CFG gets a technical rating of 10 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CFG did better than 86% of all other stocks. On top of that, CFG also shows a nice and consistent pattern of rising prices.
- CFG is one of the better performing stocks in the Banks industry, it outperforms 88% of 381 stocks in the same industry.
- CFG 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 CFG is lagging the market slightly.
- CFG has an average volume of 5255830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CFG has a been trading in the 62.22 - 68.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CFG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 65.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CFG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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33.73
We found 5 important support areas.
- A support zone ranging from 64.39 to 65.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.79 from a trend line in the weekly time frame.
- Support @55.03 from a trend line in the daily time frame.
- Support @35.29 from a trend line in the weekly time frame.
- Support @34.07 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 68.12 to 68.12. 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 | 86.91 | POSITIVE | CFG has a high relative strength, it outperformed 86.91% 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) | 56.16 | NEUTRAL | The RSI value for CFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests CFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38 | NEUTRAL | The Stochastics value for CFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CFG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.78 | POSITIVE | The high ADX value value for CFG suggests a strong trend. |
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 |
|---|---|---|---|
| 65.95 | 64.38 | 1.57 (2.38%) | 25.00% |
| An entry @65.95. This is a Buy Stop order right above the 10 day moving average. | An exit @64.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.57 points, which is 2.38%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CFG. 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.
65.29
+0.7 (+1.08%)
CITIZENS FINANCIAL GROUP / CFG FAQ
Can you provide the ChartMill technical rating for CITIZENS FINANCIAL GROUP?
ChartMill assigns a technical rating of 10 / 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 56.16. 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 -0.387317, 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.