CITI TRENDS INC (CTRN) Stock Technical Analysis
NASDAQ:CTRN - Nasdaq - US17306X1028 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CTRN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTRN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CTRN is one of the better performing stocks in the market, outperforming 93% of all stocks.
CTRN is one of the better performing stocks in the Specialty Retail industry, it outperforms 91% of 124 stocks in the same industry.
CTRN 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 CTRN is lagging the market slightly.
In the last month CTRN has a been trading in the 28.44 - 33.49 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
CTRN has an excellent technical rating, but the quality of the setup is only medium 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
19.99
34.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 30.45 to 31.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.09 to 29.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.54 from a trend line in the weekly time frame.
- Support @21.55 from a trend line in the weekly time frame.
- Support @20.19 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.84 to 34.15. 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 CTRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTRN is up. |
| ChartMill Relative Strength | 93.87 | POSITIVE | CTRN has a high relative strength, it outperformed 93.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTRN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.99 | NEUTRAL | The RSI value for CTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CTRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.63 | OVERBOUGHT | The high Stochastics value suggests CTRN may be overbought. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for CTRN suggests a weak or negative 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)
31.97
-0.72 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.2%
1 Week1.3%
2 Weeks9.9%
1 Month3.7%
3 Month21.98%
6 Month13.41%
12 Month99.44%
2 Year47.8%
3 Year58.27%
5 Year65.39%
10 Year21.05%
15 Year41.46%
Volatility
ATR(14)1.25
ATR(20)%3.7%
ATR Inc20%
Range Today1.51
ADR(20)1.12
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.87
Mansfield2.28
10 Day High33.49
10 Day Low29.13
20 Day High33.49
20 Day Low28.44
52 Week High34.63
52 Week Low13.66
CS1 End31.35
CR1 Start33.84
Volume & EV
DER(3)2.67%
DER(5)1.59%
Volume40.10K
Volume Incr-24.42%
Vol(5)40.12K
Vol(50)74.27K