CITIZENS FINANCIAL GROUP (CFG) Technical Analysis
NYSE:CFG • US1746101054
Current stock price
CFG Technical Rating and Analysis
Taking everything into account, CFG scores 2 out of 10 in our technical rating. Although CFG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month CFG has a been trading in the 55.49 - 66.29 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CFG did better than 78% of all other stocks.
- CFG is one of the better performing stocks in the Banks industry, it outperforms 82% of 381 stocks in the same industry.
- CFG has an average volume of 5601150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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.
CFG Weekly and Daily overview Charts
CFG Setup Rating and Analysis
Although the technical rating is bad, CFG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 59.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.63, a Stop Loss order could be placed below this zone.
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CFG Support and Resistance Analysis
33.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 55.63 to 55.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.17 from a trend line in the daily 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 59.41 to 60.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CFG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CFG is down. |
| ChartMill Relative Strength | 78.33 | POSITIVE | CFG has a high relative strength, it outperformed 78.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CFG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFG is below a declining 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) | 33.62 | NEUTRAL | The RSI value for CFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests CFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.87 | OVERSOLD | The low Stochastics value suggests CFG may be oversold. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CFG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.67 | POSITIVE | The high ADX value value for CFG suggests a strong trend. |
CFG Chart- and CandleStick Pattern Analysis
CFG Technicals: Chart, Performance Metrics, Trend & Indicators
56.36
+0.72 (+1.29%)
CITIZENS FINANCIAL GROUP / CFG TA FAQ
Can you provide the ChartMill technical rating for CITIZENS FINANCIAL GROUP?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for CFG stock?
CITIZENS FINANCIAL GROUP (CFG) has an RSI value of 33.618. 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 -0.582832, indicating a bearish trend.