CITIGROUP INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	C
ISIN:

CITIGROUP INC. - 1H - Technical analysis published on 10/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 62.58 USD

My targets

65.17 USD (+1.99%)

66.90 USD (+4.69%)

My analysis

CITIGROUP INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 62.58 USD. The next resistance located at 65.17 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 66.90 USD. After this resistance, buyers could then target 71.10 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CITIGROUP INC. rating 63.90 USD. The price has increased by +3.47% since the last closing and was between 62.22 USD and 64.13 USD. This implies that the price is at +2.70% from its lowest and at -0.36% from its highest.

62.22

64.13

63.90

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CITIGROUP INC. in 1H shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

Three white soldiers

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	60.11	61.76	62.58	63.90	64.12	65.17	66.90
Change (%)	-5.93%	-3.35%	-2.07%	-	+0.34%	+1.99%	+4.69%
Change	-3.79	-2.14	-1.32	-	+0.22	+1.27	+3.00
Level	Minor	Major	Major	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.00	60.35	61.05	62.40	63.10	64.45	65.15
Camarilla	61.20	61.38	61.57	61.76	61.95	62.14	62.32
Woodie	58.69	60.19	60.74	62.24	62.79	64.29	64.84
Fibonacci	60.35	61.13	61.61	62.40	63.18	63.66	64.45

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.35	59.83	60.79	62.27	63.23	64.71	65.67
Camarilla	61.09	61.31	61.54	61.76	61.98	62.21	62.43
Woodie	58.10	59.70	60.54	62.14	62.98	64.58	65.42
Fibonacci	59.83	60.76	61.34	62.27	63.20	63.78	64.71

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	51.14	53.66	58.13	60.65	65.12	67.64	72.11
Camarilla	60.68	61.32	61.96	62.60	63.24	63.88	64.52
Woodie	52.12	54.15	59.11	61.14	66.10	68.13	73.09
Fibonacci	53.66	56.33	57.98	60.65	63.32	64.97	67.64

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	62.78
MACD (12,26,9):	-0.1100
Directional Movement:	15.98
AROON (14):	21.43
DEMA (21):	62.54
Parabolic SAR (0,02-0,02-0,2):	61.69
Elder Ray (13):	0.68
Super Trend (3,10):	61.72
Zig ZAG (10):	63.79
VORTEX (21):	0.9100
Stochastique (14,3,5):	55.05
TEMA (21):	62.61
Williams %R (14):	-0.93
Chande Momentum Oscillator (20):	1.19
Repulse (5,40,3):	2.2600
ROCnROLL:	1
TRIX (15,9):	-0.0400
Courbe Coppock:	1.32

MA7:	62.84
MA20:	63.19
MA50:	61.70
MA100:	61.72
MAexp7:	62.71
MAexp20:	62.71
MAexp50:	62.99
MAexp100:	63.02
Price / MA7:	+1.69%
Price / MA20:	+1.12%
Price / MA50:	+3.57%
Price / MA100:	+3.53%
Price / MAexp7:	+1.90%
Price / MAexp20:	+1.90%
Price / MAexp50:	+1.44%
Price / MAexp100:	+1.40%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on CITIGROUP INC. at the time of the analysis were as follows:

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

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