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 12/16/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

22%

My opinion

Bullish above 69.00 USD

My targets

77.07 USD (+8.56%)

82.94 USD (+16.84%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CITIGROUP INC. as long as the price remains well above 69.00 USD. The buyers' bullish objective is set at 77.07 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 82.94 USD. If there is any crossing, the next objective would be the resistance located at 177.27 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.1

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. price is 70.99 USD. The price registered a decrease of -0.03% on the session and was between 70.83 USD and 71.43 USD. This implies that the price is at +0.23% from its lowest and at -0.62% from its highest.

70.83

71.43

70.99

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:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CITIGROUP INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	66.31	69.00	70.47	70.99	177.27
Change (%)	-6.59%	-2.80%	-0.73%	-	+149.71%
Change	-4.68	-1.99	-0.52	-	+106.28
Level	Major	Minor	Major	-	Intermediate

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	69.39	70.08	70.54	71.23	71.69	72.38	72.84
Camarilla	70.69	70.80	70.91	71.01	71.12	71.22	71.33
Woodie	69.29	70.02	70.44	71.17	71.59	72.32	72.74
Fibonacci	70.08	70.52	70.79	71.23	71.67	71.94	72.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.43	69.10	70.05	71.72	72.67	74.34	75.29
Camarilla	70.29	70.53	70.77	71.01	71.25	71.49	71.73
Woodie	67.08	68.92	69.70	71.54	72.32	74.16	74.94
Fibonacci	69.10	70.10	70.72	71.72	72.72	73.34	74.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.06	59.15	65.02	68.11	73.98	77.07	82.94
Camarilla	68.44	69.26	70.08	70.90	71.72	72.54	73.36
Woodie	57.46	59.85	66.42	68.81	75.38	77.77	84.34
Fibonacci	59.15	62.57	64.68	68.11	71.53	73.64	77.07

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):	58.28
MACD (12,26,9):	1.3100
Directional Movement:	11.65
AROON (14):	64.29
DEMA (21):	72.42
Parabolic SAR (0,02-0,02-0,2):	73.33
Elder Ray (13):	-0.09
Super Trend (3,10):	68.60
Zig ZAG (10):	71.00
VORTEX (21):	1.1000
Stochastique (14,3,5):	47.59
TEMA (21):	72.24
Williams %R (14):	-58.40
Chande Momentum Oscillator (20):	0.85
Repulse (5,40,3):	-2.2200
ROCnROLL:	-1
TRIX (15,9):	0.3500
Courbe Coppock:	5.96

MA7:	71.71
MA20:	70.73
MA50:	67.06
MA100:	63.56
MAexp7:	71.42
MAexp20:	70.51
MAexp50:	67.77
MAexp100:	65.07
Price / MA7:	-1.00%
Price / MA20:	+0.37%
Price / MA50:	+5.86%
Price / MA100:	+11.69%
Price / MAexp7:	-0.60%
Price / MAexp20:	+0.68%
Price / MAexp50:	+4.75%
Price / MAexp100:	+9.10%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on CITIGROUP INC.. At the time of publication of this analysis, the latest news was as follows:

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

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