Citigroup Inc (C) Makes Big Move Relative to Two Week Trend, Down 0.87%; Price Base in Formation Over Past 30 Days

Citigroup Inc 4 Hour Price Update

Updated September 04, 2020 04:36 PM GMT (12:36 PM EST)

C traders saw its share price jump 0.67% ($0.34) over the past four hours of trading. For context, Citigroup Inc’s peers in the in the Banking industry are up 0.13% on average in this time, while its counterparts in the broader Financial Services sector are down by an average of -0.59%.

Citigroup Inc Daily Price Recap

Citigroup Inc entered today at $51.5, down 0.87% ($0.45) from the previous day. As for how volume fared, yesterday’s volume was up 63.24% from the previous day (Wednesday), and up 44.88% from Thursday of the week before. Let’s take a look at the daily price chart of Citigroup Inc.

C

Citigroup Inc Technical Analysis

Notably, Citigroup Inc crossed below its 20 day moving average yesterday. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone up 6 out of the past 10 days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about C:

    Fri Sep 4th
    Today's BEST performing sector just after the open:

    Financials +2.0%

    biggest 20 Financials stocks by mkt cap:
    1) $AXP: +3.1%
    2) $BAC: +2.9%
    3) $C: +2.8%
    4) $JPM: +2.6%
    5) $GS: +2.0%

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