The Greedy Trader Weekly Analysis
Sign In Mar 28, 2025
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 3/21/2025 -
Sign In to see current Signals.

Citizens Financial Group (CFG) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support lineBroken trend resistance lineWilliams' Percentage Range is oversold
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineA Parabolic SAR indicator is below and near the pricePrice is near the Fibonacci 23.6% retracement level
Move cursor over the icon to see details.

It was a first positive week for the Citizens Financial Group (CFG). During the week, the CFG gained 0.49 points, or 1.20%, and closed at 41.19 on Friday, March 21, 2025. Weekly volume was 45% above average.

CFG 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 CFG long-term trend chart]
A long-term downtrend had started on January 18, 2022 at 57.00 and reached 22.77 on October 27, 2023. CFG lost 34.23 points, or 60.05%, in 92 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (10.14) 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 long-term trend.

Medium-term trend: [See CFG medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 22.77 and reached 49.25 on November 25, 2024. CFG gained -26.48 points, or -116.29%, in 56 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (45.65) 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 CFG weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 December 13, 2024. The distance between MACD and the signal line is near its high and getting bigger. 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 March 11, 2025 at 39.10 and reached 41.80 on March 19, 2025. CFG gained -2.70 points, or -6.91%, in 8 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See CFG 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. 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.

A Parabolic SAR (stop and reversal) indicator (41.44) comes close to the price (41.19). It indicates that the trend is getting weaker. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.17
Williams' Percentage Range (W%R) 78.50
Lane's Stochastic (%D-Slow) 60.22
Greed/Fear Indicator (GFI) 36.62
Moving Average Converg./Diverg. (MACD) -1.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.06
Williams' Percentage Range (W%R) 84.60
Oversold
Lane's Stochastic (%D-Slow) 30.38
Greed/Fear Indicator (GFI) 30.82
Moving Average Converg./Diverg. (MACD) 1.55
Trading Signals
Description Value Chart
Monthly Trendline Resistance 48.58
Upper Bollinger Band 46.31
Quarterly Trendline Support 45.65
50 Day Moving Average 45.01
20 Day Moving Average 42.33
Parabolic System 41.44
Weekly Stochastic Crossing 41.30
Price 41.19
Daily Stochastic Crossing 41.07
Monthly Trendline Support 38.64
Lower Bollinger Band 38.36
Sector and Industry
Description Name Rank
Sector Financials 8
Industry Regional Banks 26
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 39.10
Low Date 03/11/2025
High 41.80
High Date 03/19/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 48.88
High Date 01/30/2025
Low 39.10
Low Date 03/11/2025
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 48.58
Support 38.64
High 49.25
High Date 11/25/2024
Low 39.10
Low Date 03/11/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 53.54
Support 45.65
Low 22.77
Low Date 10/27/2023
High 49.25
High Date 11/25/2024
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 20.14
Support 10.14
High 57.00
High Date 01/18/2022
Low 22.77
Low Date 10/27/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.