CITI TRENDS INC (CTRN) Stock Technical Analysis
NASDAQ:CTRN - Nasdaq - US17306X1028 - Common Stock - Currency: USD
Taking everything into account, CTRN scores 7 out of 10 in our technical rating. CTRN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
CTRN is one of the better performing stocks in the Specialty Retail industry, it outperforms 76% of 120 stocks in the same industry.
CTRN 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 CTRN is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that CTRN is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CTRN has a been trading in the 19.91 - 29.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
19.09
28.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.68 to 25.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.46 from a trend line in the weekly time frame.
- Support @19.28 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @27.15 from a trend line in the weekly time frame.
- Resistance @28.19 from a horizontal line in the weekly time frame.
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 | 77.04 | POSITIVE | CTRN has a high relative strength, it outperformed 77.04% 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) | UP | POSITIVE | The current price of CTRN is above the rising 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) | 62.33 | NEUTRAL | The RSI value for CTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CTRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.74 | NEUTRAL | The Stochastics value for CTRN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for CTRN suggests high volalility. |
| Average Directional Index/ADX (14) | 31.08 | POSITIVE | The high ADX value value for CTRN suggests a strong 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)
25.94
+0.14 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.54%
1 Week-1.03%
2 Weeks13.08%
1 Month26.54%
3 Month2.09%
6 Month37.1%
12 Month11.24%
2 Year77.43%
3 Year-13.19%
5 Year59.73%
10 Year7.86%
15 Year-23.88%
Volatility
ATR(14)1.41
ATR(20)%5.16%
ATR Inc-52.16%
Range Today0.96
ADR(20)1.27
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.04
Mansfield1.99
10 Day High29.4
10 Day Low23.54
20 Day High29.4
20 Day Low19.91
52 Week High29.41
52 Week Low13.66
CS1 End25.93
CR1 Start27.15
Volume & EV
DER(3)2.73%
DER(5)2.58%
Volume53.80K
Volume Incr-32.85%
Vol(5)46.68K
Vol(50)81.37K