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 11/14/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 66.31 USD

My targets

70.47 USD (+2.37%)

72.84 USD (+5.81%)

My analysis

The bullish trend is currently very strong on CITIGROUP INC.. As long as the price remains above the support at 66.31 USD, you could try to benefit from the boom. The first bullish objective is located at 70.47 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 72.84 USD as an objective. Crossing it would then enable buyers to target 177.27 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

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.

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Additional analysis

Quotes

The CITIGROUP INC. rating is 68.84 USD. The price registered a decrease of -0.07% on the session with the lowest point at 68.63 USD and the highest point at 69.30 USD. The deviation from the price is +0.31% for the low point and -0.66% for the high point.

68.63

69.30

68.84

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CITIGROUP INC.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CITIGROUP INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	55.60	61.17	66.31	68.84	70.47	177.27
Change (%)	-19.23%	-11.14%	-3.68%	-	+2.37%	+157.51%
Change	-13.24	-7.67	-2.53	-	+1.63	+108.43
Level	Intermediate	Major	Major	-	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.56	68.18	68.54	69.16	69.52	70.14	70.50
Camarilla	68.62	68.71	68.80	68.89	68.98	69.07	69.16
Woodie	67.42	68.12	68.40	69.10	69.38	70.08	70.36
Fibonacci	68.18	68.56	68.79	69.16	69.54	69.77	70.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.02	59.12	63.88	66.98	71.74	74.84	79.60
Camarilla	66.47	67.19	67.91	68.63	69.35	70.07	70.79
Woodie	56.84	59.54	64.70	67.40	72.56	75.26	80.42
Fibonacci	59.12	62.13	63.98	66.98	69.99	71.84	74.84

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.30	57.34	60.48	63.52	66.66	69.70	72.84
Camarilla	61.91	62.48	63.04	63.61	64.18	64.74	65.31
Woodie	54.34	57.37	60.52	63.55	66.70	69.73	72.88
Fibonacci	57.34	59.70	61.16	63.52	65.88	67.34	69.70

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):	64.09
MACD (12,26,9):	1.8600
Directional Movement:	17.79
AROON (14):	78.57
DEMA (21):	68.13
Parabolic SAR (0,02-0,02-0,2):	63.53
Elder Ray (13):	2.08
Super Trend (3,10):	64.40
Zig ZAG (10):	68.67
VORTEX (21):	0.9900
Stochastique (14,3,5):	85.01
TEMA (21):	69.16
Williams %R (14):	-17.00
Chande Momentum Oscillator (20):	4.62
Repulse (5,40,3):	-2.1600
ROCnROLL:	1
TRIX (15,9):	0.3100
Courbe Coppock:	17.98

MA7:	68.89
MA20:	64.98
MA50:	62.59
MA100:	62.07
MAexp7:	68.16
MAexp20:	65.91
MAexp50:	63.71
MAexp100:	62.08
Price / MA7:	-0.07%
Price / MA20:	+5.94%
Price / MA50:	+9.99%
Price / MA100:	+10.91%
Price / MAexp7:	+1.01%
Price / MAexp20:	+4.46%
Price / MAexp50:	+8.07%
Price / MAexp100:	+10.91%

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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