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After Yesterday's Decline of 1.78%, Citigroup Inc Offers Investors Better Value

By David Diaz

Citigroup Inc (NYSE:C) traded in a range yesterday that spanned from a low of $66.03 to a high of $67.61. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $67.22 on volume of 11.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Citigroup Inc and will alert subscribers who have C in their portfolio or watchlist when shares have changed trend direction.

Citigroup Inc share prices have moved between a 52-week high of $80.70 and a 52-week low of $63.16 and are now trading 5% above that low price at $66.11 per share. The 200-day and 50-day moving averages have moved 0% lower and 0.02% lower over the past week, respectively.

Keywords: rebounders citigroup inc

Ticker(s): C