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Archive
- 4/17/2025 -
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Citizens Financial Group (CFG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Citizens Financial Group (CFG). During the week, the CFG gained 0.63 points, or 1.81%, and closed at 35.45 on Thursday, April 17, 2025. It was the best weekly gain since February 28, 2025. Weekly volume was 53% above average.
CFG 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 CFG long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 22.77 and reached 49.25 on November 25, 2024. CFG gained -26.48 points, or -116.29%, in 56 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (46.85) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See CFG medium-term trend chart]
A medium-term downtrend had started on January 30, 2025 at 48.88 and reached 32.60 on April 4, 2025. CFG lost 16.28 points, or 33.31%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 29.35 and resistance is at 40.58. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See CFG weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See CFG short-term trend chart]
A short-term uptrend had started on April 4, 2025 at 32.60 and reached 38.12 on April 9, 2025. CFG gained -5.52 points, or -16.93%, in 5 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 35.10 and resistance is at 36.32. 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 short-term trend.
 Daily Technical Indicators: [See CFG daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since April 2, 2025. The distance between MACD and the signal line is low and getting smaller.
The distance between the Bollinger Bands is 168.45% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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