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Bearish Moving Average Cross by Citizens Financi (CFG)

By David Diaz

Today, shares of Citizens Financi (NYSE:CFG) have crossed bearishly below their 10-day moving average of $35.53 on a volume of 856K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Citizens Financi has traded in a range of $27.62 to $41.76 and is now at $35.35, 28% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.4%.

SmarTrend is monitoring the recent change of momentum in Citizens Financi. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Citizens Financi in search of a potential trend change.

Keywords: moving crosses citizens financi

Ticker(s): CFG