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After Yesterday's Decline of 1.42%, Citizens Financi Offers Investors Better Value

By Nick Russo

Citizens Financi (NYSE:CFG) traded in a range yesterday that spanned from a low of $39.13 to a high of $39.55. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $39.35 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Citizens Financi has traded in a range of $31.30 to $40.92 and is now at $39.45, 26% above that low. The 200-day and 50-day moving averages have moved 0.31% higher and 0.66% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Citizens Financi on October 21st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $35.90. Since that recommendation, shares of Citizens Financi have risen 11.4%. We continue to monitor CFG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders citizens financi

Ticker(s): CFG