The Greedy Trader Weekly Analysis
Sign In May 3, 2024
Skip Navigation Links
TA Search
Share
Weekly Price vs. Fibonacci:Near 50.0% retracement level
Number of records: 9
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Stock Market Trend Analysis and Technical Indicators Scanner.
technical analysis,screen stochastic,moving average trading system, trading indicator,technical analysis stock screen, macd convergence divergence, technical indicator macd,technical investment analysis,trading indicator,stochastics, bulls, bears, bullish, bearish, market, stock market
Stock market trading indicator and technical analysis stock screen presents technical stock market timing signals for technical investment analysis like screen stochastic or moving average trading system.. Screen includes following popular indicators and trading systems: Relative Strength Index (RSI), Williams' Percentage Range (W%R) and Lane's Stochastic (%D–Slow), moving average, macd convergence divergence, bullish and bearish divergence. For the best result different technical indicators should be analyzed in different time frames together with trend analysis, sector/industry ranking and stock timing alerts.

Advanced TA Search

Archive
- 4/26/2024 -
Sign In to see current Signals.

Citizens Financial Group (CFG) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtTrend resistance at 34.99
Daily :Lane's Stochastic is strongly overboughtDaily  MACD line has moved above its signal lineBroken trend resistance line
Move cursor over the icon to see details.

It was a second consecutive positive week for the Citizens Financial Group (CFG). During the week, the CFG gained 1.16 points, or 3.41%, and closed at 35.15 on Friday, April 26, 2024. Weekly volume was -37% below average.

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 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 Channel chart pattern. The price is near the trend resistance line (34.99). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the 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 36.38 on April 1, 2024. CFG gained -13.61 points, or -59.77%, in 22 weeks. The price is now at the 9.04% retracement level.

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 above its signal line since November 10, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See CFG short-term trend chart]
A short-term downtrend had started on April 1, 2024 at 36.38 and reached 32.06 on April 16, 2024. CFG lost 4.32 points, or 11.87%, in 15 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (30.09) 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 short-term trend.

Daily Technical Indicators: [See CFG daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Lane's Stochastic. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.58
Williams' Percentage Range (W%R) 23.40
Lane's Stochastic (%D-Slow) 92.28
Strong Overbought
Greed/Fear Indicator (GFI) 73.49
Moving Average Converg./Diverg. (MACD) 0.12
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.25
Williams' Percentage Range (W%R) 12.00
Overbought
Lane's Stochastic (%D-Slow) 69.44
Greed/Fear Indicator (GFI) 70.53
Moving Average Converg./Diverg. (MACD) 1.18
Trading Signals
Description Value Chart
Upper Bollinger Band 36.18
Daily Stochastic Crossing 35.34
Price 35.15
Yearly Trendline Resistance 34.99
Weekly Stochastic Crossing 34.33
20 Day Moving Average 34.23
50 Day Moving Average 33.59
Parabolic System 33.38
Weekly Trendline Resistance 32.67
Lower Bollinger Band 32.39
Weekly Trendline Support 30.09
Sector and Industry
Description Name Rank
Sector Financials 10
Industry Regional Banks 96
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 32.06
Low Date 04/16/2024
High 35.62
High Date 04/24/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 32.67
Support 30.09
High 36.38
High Date 04/01/2024
Low 32.06
Low Date 04/16/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.24
Low Date 02/13/2024
High 36.38
High Date 04/01/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.77
Low Date 10/27/2023
High 36.38
High Date 04/01/2024
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 34.99
Support 18.26
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.