|
|
Uptrend ExhaustionArchive - 5/29/2026 - Sign In to see current Signals. |
Citigroup Inc. (C) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the Citigroup Inc. (C). During the week, the C climbed 0.81 points, or 0.65%, and closed at 125.90 on Friday, May 29, 2026. Weekly volume was -22% below average. C is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See C long-term trend chart] A long-term uptrend had started on March 18, 2020 at 32.00 and reached 135.29 on April 21, 2026. C gained -103.29 points, or -322.78%, in 317 weeks. The chart has formed a Symmetric Triangle chart pattern. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See C medium-term trend chart] A medium-term uptrend had started on October 27, 2023 at 38.17 and reached 135.29 on April 21, 2026. C gained -97.12 points, or -254.44%, in 129 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (121.71). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See C weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See C short-term trend chart] A short-term uptrend had started on March 9, 2026 at 102.01 and reached 135.29 on April 21, 2026. C gained -33.28 points, or -32.62%, in 43 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 122.19 and resistance is at 157.99. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See C daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 24, 2026. The distance between MACD and the signal line is low and getting smaller.
| |
|
|