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Diversified Banks Industry Stocks Technical Analysis - CArchive - 3/21/2025 - Sign In to see current Signals. |
Citigroup Inc. (C) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the Citigroup Inc. (C). During the week, the C gained 3.20 points, or 4.65%, and closed at 71.98 on Friday, March 21, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 14% above average. C is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See C long-term trend chart] A long-term uptrend had started on March 18, 2020 at 32.00 and reached 84.74 on February 18, 2025. C gained -52.74 points, or -164.81%, in 256 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (42.53) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See C medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 53.51 and reached 84.74 on February 18, 2025. C gained -31.23 points, or -58.36%, in 28 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (77.35) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See C weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 7, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See C short-term trend chart] A short-term downtrend had started on February 18, 2025 at 84.74 and reached 66.05 on March 10, 2025. C lost 18.69 points, or 22.06%, in 20 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (56.44) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See C daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
Candlestick pattern: [See C candlestick chart pattern] On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.
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