The Greedy Trader Weekly Analysis
Sign In May 17, 2024
Skip Navigation Links
TA Search
Share
Monthly Price vs. Fibonacci:Near 38.2% retracement level
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Stock Market Trend Analysis and Technical Indicators Scanner.
technical analysis,screen stochastic,moving average trading system, trading indicator,technical analysis stock screen, macd convergence divergence, technical indicator macd,technical investment analysis,trading indicator,stochastics, bulls, bears, bullish, bearish, market, stock market
Stock market trading indicator and technical analysis stock screen presents technical stock market timing signals for technical investment analysis like screen stochastic or moving average trading system.. Screen includes following popular indicators and trading systems: Relative Strength Index (RSI), Williams' Percentage Range (W%R) and Lane's Stochastic (%D–Slow), moving average, macd convergence divergence, bullish and bearish divergence. For the best result different technical indicators should be analyzed in different time frames together with trend analysis, sector/industry ranking and stock timing alerts.

Advanced TA Search

Archive
- 5/10/2024 -
Sign In to see current Signals.

Citizens Financial Group (CFG) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtTrend resistance at 34.62
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the Citizens Financial Group (CFG). During the week, the CFG gained 0.67 points, or 1.89%, and closed at 36.06 on Friday, May 10, 2024. Weekly volume was -48% below average.

CFG is a member of Financials Sector. Financials is the 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 downtrend had started on January 18, 2022 at 57.00 and reached 22.77 on October 27, 2023. CFG lost 34.23 points, or 60.05%, in 92 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (34.62). 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 long-term trend.

Medium-term trend: [See CFG medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 22.77 and reached 36.38 on April 1, 2024. CFG gained -13.61 points, or -59.77%, in 22 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 32.32 and resistance is at 36.82. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See CFG weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 10, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 16, 2024 at 32.06 and reached 36.30 on May 10, 2024. CFG gained -4.24 points, or -13.23%, in 24 days. The price is now at the 5.66% retracement level.

Daily Technical Indicators: [See CFG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since April 23, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.07
Williams' Percentage Range (W%R) 3.10
Strong Overbought
Lane's Stochastic (%D-Slow) 90.15
Strong Overbought
Greed/Fear Indicator (GFI) 84.05
Overbought
Moving Average Converg./Diverg. (MACD) 0.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.39
Williams' Percentage Range (W%R) 3.40
Strong Overbought
Lane's Stochastic (%D-Slow) 69.80
Greed/Fear Indicator (GFI) 75.08
Moving Average Converg./Diverg. (MACD) 1.25
Trading Signals
Description Value Chart
Upper Bollinger Band 37.21
Quarterly Trendline Resistance 36.82
Daily Stochastic Crossing 36.06
Price 36.06
Parabolic System 35.39
Weekly Stochastic Crossing 35.15
20 Day Moving Average 34.70
Yearly Trendline Resistance 34.62
50 Day Moving Average 34.43
Lower Bollinger Band 32.85
Quarterly Trendline Support 32.32
Sector and Industry
Description Name Rank
Sector Financials 9
Industry Regional Banks 105
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 34.08
Low Date 04/30/2024
High 36.30
High Date 05/10/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 32.06
Low Date 04/16/2024
High 36.30
High Date 05/10/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.24
Low Date 02/13/2024
High 36.38
High Date 04/01/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 36.82
Support 32.32
Low 22.77
Low Date 10/27/2023
High 36.38
High Date 04/01/2024
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 34.62
Support 17.90
High 57.00
High Date 01/18/2022
Low 22.77
Low Date 10/27/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.