CITIZENS FINANCIAL GROUP INC.
CITIZENS FINANCIAL GROUP INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CFG
ISIN:

CITIZENS FINANCIAL GROUP INC. - Daily - Technical analysis published on 10/08/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 33.99 USD
My targets
32.58 USD (-4.01%)
31.48 USD (-7.25%)
My analysis
CITIZENS FINANCIAL GROUP INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 33.99 USD. The next support located at 32.58 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 31.48 USD. Below this support, sellers could then target 27.95 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
4.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CITIZENS FINANCIAL GROUP INC. price is 33.94 USD. The price has increased by +0.53% since the last closing and was traded between 33.56 USD and 34.28 USD over the period. The price is currently at +1.13% from its lowest and -0.99% from its highest.

33.56
34.28
33.94

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CITIZENS FINANCIAL GROUP INC. in Daily shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 27.95 31.48 32.58 33.94 33.99 35.28 36.03
Change (%) -17.65% -7.25% -4.01% - +0.15% +3.95% +6.16%
Change -5.99 -2.46 -1.36 - +0.05 +1.34 +2.09
Level Major Major Major - Major Intermediate Intermediate



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
Standard32.5632.8133.2933.5434.0234.2734.75
Camarilla33.5633.6333.6933.7633.8333.8933.96
Woodie32.6732.8733.4033.6034.1334.3334.86
Fibonacci32.8133.0933.2633.5433.8233.9934.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.8530.6632.2134.0235.5737.3838.93
Camarilla32.8433.1433.4533.7634.0734.3834.68
Woodie28.7230.6032.0833.9635.4437.3238.80
Fibonacci30.6631.9432.7434.0235.3036.1037.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.0130.2732.8235.0837.6339.8942.44
Camarilla34.0534.4934.9335.3735.8136.2536.69
Woodie28.1630.3432.9735.1537.7839.9642.59
Fibonacci30.2732.1133.2435.0836.9238.0539.89

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): 42.85
MACD (12,26,9): -0.1900
Directional Movement: -9.38
AROON (14): -78.57
DEMA (21): 34.63
Parabolic SAR (0,02-0,02-0,2): 35.32
Elder Ray (13): -0.66
Super Trend (3,10): 35.63
Zig ZAG (10): 33.94
VORTEX (21): 0.9300
Stochastique (14,3,5): 28.07
TEMA (21): 34.26
Williams %R (14): -66.44
Chande Momentum Oscillator (20): -2.23
Repulse (5,40,3): 1.2000
ROCnROLL: 2
TRIX (15,9): 0.0800
Courbe Coppock: 11.45
MA7: 34.23
MA20: 35.46
MA50: 34.40
MA100: 34.53
MAexp7: 34.18
MAexp20: 34.71
MAexp50: 34.66
MAexp100: 34.58
Price / MA7: -0.85%
Price / MA20: -4.29%
Price / MA50: -1.34%
Price / MA100: -1.71%
Price / MAexp7: -0.70%
Price / MAexp20: -2.22%
Price / MAexp50: -2.08%
Price / MAexp100: -1.85%

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

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