CITROTECH INC (CITR) Technical Analysis
NYSEARCA:CITR • US3697592042
Current stock price
CITR Technical Rating and Analysis
Taking everything into account, CITR scores 6 out of 10 in our technical rating. CITR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, CITR is a bad performer in the overall market: 100% of all stocks are doing better.
- CITR is one of the lesser performing stocks in the Commercial Services & Supplies industry. 90% of 82 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month CITR has a been trading in the 6.17 - 10.37 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
CITR Weekly and Daily overview Charts
CITR Setup Rating and Analysis
Although the technical rating is only medium, CITR does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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CITR Support and Resistance Analysis
6.54
We found 2 important support areas.
- Support @8.17 from a trend line in the daily time frame.
- Support @6.61 from a horizontal line in the daily time frame.
CITR 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 | UP | POSITIVE | The long term trend for CITR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CITR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CITR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CITR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CITR is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.21 | NEUTRAL | The RSI value for CITR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CITR has a positive trend. |
| Stochastics (14,3) | 66.36 | NEUTRAL | The Stochastics value for CITR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.48 | HIGH VOLATILITY | The high ATR as a percentage value for CITR suggests high volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for CITR suggests a strong trend. |
CITR Chart- and CandleStick Pattern Analysis
CITR Example Setup
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 |
|---|---|---|---|
| 10.38 | 8.16 | 2.22 (21.39%) | 4.68% |
| An entry @10.38. This is a Buy Stop order right above the 10 day high. | An exit @8.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.22 points, which is 21.39%. | For a 1.00% total portfolio risk, you can invest 4.68% of your capital in this trade. |
- 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.
CITR Technicals: Chart, Performance Metrics, Trend & Indicators
9.61
+0.66 (+7.37%)
CITROTECH INC / CITR TA FAQ
What is the technical rating for CITR stock?
ChartMill assigns a technical rating of 6 / 10 to CITR.
Can you provide the trend direction for CITROTECH INC?
The current trend direction for CITROTECH INC (CITR) is Bullish.
What is the RSI signal for CITR stock?
CITROTECH INC (CITR) has an RSI value of 62.2125. This indicates that the stock is currently neutral.
What is the buy/sell signal for CITR stock?
The buy/sell signal for CITROTECH INC (CITR) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CITR stock?
CITROTECH INC (CITR) has a support level at 8.17. Check the full technical report for our detailed analysis of CITR support and resistance levels.