CITIGROUP INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	C
ISIN:

CITIGROUP INC. - Daily - Technical analysis published on 10/26/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

33%

My opinion

Bearish under 48.34 USD

My targets

43.71 USD (-3.55%)

40.45 USD (-10.75%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CITIGROUP INC.. As long as you are under the resistance located at 48.34 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 43.71 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 40.45 USD as an objective. Crossing it would then enable sellers to target 38.23 USD. If the resistance 48.34 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CITIGROUP INC. rating 45.32 USD. On the day, this instrument gained +2.05% and was between 43.91 USD and 45.59 USD. This implies that the price is at +3.21% from its lowest and at -0.59% from its highest.

43.91

45.59

45.32

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of CITIGROUP INC. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	38.23	40.45	43.71	45.32	52.05	54.29	60.97
Change (%)	-15.64%	-10.75%	-3.55%	-	+14.85%	+19.79%	+34.53%
Change	-7.09	-4.87	-1.61	-	+6.73	+8.97	+15.65
Level	Minor	Major	Major	-	Major	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.61	43.26	44.29	44.94	45.97	46.62	47.65
Camarilla	44.86	45.01	45.17	45.32	45.47	45.63	45.78
Woodie	42.80	43.36	44.48	45.04	46.16	46.72	47.84
Fibonacci	43.26	43.90	44.30	44.94	45.58	45.98	46.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.72	41.70	42.98	43.96	45.24	46.22	47.50
Camarilla	43.64	43.85	44.05	44.26	44.47	44.67	44.88
Woodie	40.87	41.78	43.13	44.04	45.39	46.30	47.65
Fibonacci	41.70	42.56	43.10	43.96	44.82	45.36	46.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.28	34.94	38.31	44.97	48.34	55.00	58.37
Camarilla	38.91	39.83	40.75	41.67	42.59	43.51	44.43
Woodie	26.63	34.12	36.66	44.15	46.69	54.18	56.72
Fibonacci	34.94	38.78	41.14	44.97	48.81	51.17	55.00

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.87
MACD (12,26,9):	-0.5400
Directional Movement:	2.10
AROON (14):	57.14
DEMA (21):	42.87
Parabolic SAR (0,02-0,02-0,2):	41.45
Elder Ray (13):	1.02
Super Trend (3,10):	40.49
Zig ZAG (10):	45.32
VORTEX (21):	0.9700
Stochastique (14,3,5):	90.21
TEMA (21):	43.60
Williams %R (14):	-4.84
Chande Momentum Oscillator (20):	3.13
Repulse (5,40,3):	4.7800
ROCnROLL:	-1
TRIX (15,9):	-0.3800
Courbe Coppock:	4.92

MA7:	44.00
MA20:	43.03
MA50:	46.68
MA100:	47.91
MAexp7:	44.05
MAexp20:	43.92
MAexp50:	45.75
MAexp100:	47.89
Price / MA7:	+3.00%
Price / MA20:	+5.32%
Price / MA50:	-2.91%
Price / MA100:	-5.41%
Price / MAexp7:	+2.88%
Price / MAexp20:	+3.19%
Price / MAexp50:	-0.94%
Price / MAexp100:	-5.37%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on CITIGROUP INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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