CIT Group Inc (CIT)
Common Stock
Taking everything into account, CIT scores 6 out of 10 in our technical rating. In the last year, CIT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CIT is one of the better performing stocks in the Banks industry, it outperforms 81% of 412 stocks in the same industry.
CIT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CIT is performing more or less in line with the market.
In the last month CIT has a been trading in the 45.95 - 54.33 range, which is quite wide. It is currently trading near the high of this range.
CIT has an average volume of 1362840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CIT did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Volume is considerably higher in the last couple of days.
CIT has an average technical rating and the quality of the presented setup is also 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
45.21
56.74
3 important support areas can be observed.
- A support zone ranging from 50.17 to 51.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.15 to 47.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.67 to 46.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.71 to 55.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.18 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.16
Mansfield-0.46
10 Day High54.33
10 Day Low48.24
20 Day High54.33
20 Day Low45.95
52 Week High56.62
52 Week Low35.56
Performance
1 Week0.34%
2 Weeks15.53%
1 Month12.04%
3 Month0.91%
6 Month11.07%
12 Month36.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)58.94
LBB45.9
UBB55.81
CIT Group Inc
NYSE:CIT (1/3/2022, 7:04:00 PM)
After market: 53.82 +0.32 (+0.6%)53.5
+2.16 (+4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.21%
1 Week0.34%
2 Weeks15.53%
1 Month12.04%
3 Month0.91%
6 Month11.07%
12 Month36.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.92
ATR(20)%3.39%
ATR Inc
Range Today2.97
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.33
10 Day Low48.24
20 Day High54.33
20 Day Low45.95
52 Week High56.62
52 Week Low35.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume32.81M
Volume Incr1142.68%
Vol(5)8.19M
Vol(50)1.36M