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After Yesterday's Rally of 1.50% Shares Could Potentially Pullback

By Nick Russo

Citizens Financi (NYSE:CFG) traded in a range yesterday that spanned from a low of $34.72 to a high of $35.28. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $35.21 on volume of 1.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Citizens Financi share prices have been bracketed by a low of $18.34 and a high of $39.75 and are now at $35.15, 92% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.1%.

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

Keywords: rebounders citizens financi

Ticker(s): CFG