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 3 out of 10 to CFG. CFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CFG is one of the lesser performing stocks in the Banks industry. 72% of 396 stocks in the same industry do better.
CFG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CFG has an average volume of 5086180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, CFG outperforms 54% of them, which is more or less in line with the market.
CFG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CFG is lagging the market slightly.
The technical rating of CFG is bad and it also does not present a quality setup 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
48.79
We found 2 important support areas.
- Support @35.33 from a trend line in the weekly time frame.
- A support zone ranging from 34.07 to 34.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 41.05 to 41.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.83 to 42.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.14 to 48.31. 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 | NEUTRAL | NEUTRAL | The long term trend for CFG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CFG is neutral. |
| ChartMill Relative Strength | 54.23 | NEUTRAL | CFG is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CFG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CFG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for CFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CFG has a negative trend. |
| Stochastics (14,3) | 40.89 | NEUTRAL | The Stochastics value for CFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CFG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for CFG suggests a possible start of a new 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)
39.57
-0.2 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.5%
1 Week-5.38%
2 Weeks1.15%
1 Month6.77%
3 Month-11.83%
6 Month-16.96%
12 Month11.94%
2 Year53.49%
3 Year-4.37%
5 Year64.19%
10 Year47.43%
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%2.56%
ATR Inc-20.07%
Range Today0.95
ADR(20)0.83
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.23
Mansfield-0.61
10 Day High42.19
10 Day Low38.8
20 Day High42.19
20 Day Low35.9
52 Week High49.25
52 Week Low32.6
CS1 End35.33
CR1 Start41.05
Volume & EV
DER(3)-3.58%
DER(5)-2.28%
Volume3.46M
Volume Incr-27.86%
Vol(5)3.12M
Vol(50)5.09M