Citigroup Inc (C) Up 0.52%, in a Downtrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart

Citigroup Inc Daily Price Recap

Citigroup Inc came into today up 0.52% ($0.22) from the open of the previous day, marking the 2nd day in a row it has gone up. The change in price came along side change in volume that was up 8.35% from previous day, but down 41.02% from the Thursday of last week. Let’s take a look at the daily price chart of Citigroup Inc.

Citigroup Inc Technical Analysis

Coming into today the current price of Citigroup Inc is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 7 out of the past 14 days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard Around the Web

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

    $UVXY $IAU $GS $C Death count up 57.7% from last week in Suffolk County, NY to 957. Yet I hear on the news that things are turning around. Maybe my fellow residents will start to wear their masks when they go outside. That might help. (Source of death count is The Weather Channel App).