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Downtrend Broken Resist.Archive
- 6/12/2026 -
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Citizens Financial Group (CFG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Citizens Financial Group (CFG). During the week, the CFG gained 3.67 points, or 5.74%, and closed at 67.65 on Friday, June 12, 2026. It was the best weekly gain since February 6, 2026. CFG was trading at average weekly trading volume.
CFG is a member of Financials Sector. Financials is the 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 CFG long-term trend chart]
A long-term downtrend had started on April 21, 2026 at 66.85 and reached 59.75 on May 15, 2026. CFG lost 7.10 points, or 10.62%, in 3 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (60.75) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CFG may retest the broken resistance line. It is considered to be a support line now. 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 CFG medium-term trend chart]
A medium-term uptrend had started on May 15, 2026 at 59.75 and reached 67.88 on June 12, 2026. CFG gained -8.13 points, or -13.61%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (61.57) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
 Weekly Technical Indicators: [See CFG weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.
The weekly MACD line is below its signal line since February 27, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See CFG short-term trend chart]
A short-term uptrend had started on June 1, 2026 at 60.28 and reached 67.88 on June 12, 2026. CFG gained -7.60 points, or -12.61%, in 11 days. Price is near the trend high.
 Daily Technical Indicators: [See CFG daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since June 3, 2026. This is an indication that the short-term trend is up.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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