Citigroup Inc Daily Price Recap
Citigroup Inc closed yesterday up 8.03% ($3.46); this denotes the 4th day in a row an upward move has occurred. The price move occurred on volume that was up 17.63% from the day prior, but down 17.41% from the same day the week before. Below is a daily price chart of Citigroup Inc.
Citigroup Inc Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. Interestingly, a trend in the other direction exists on the 30 day timeframe, where price is headed up. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. Or to view things another way, note that out of the past 10 days Citigroup Inc’s price has gone up 5 them.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to C: