• Return to Headlines

Citigroup Inc (C) Approaches New Upside Target of $64.37

By Amy Schwartz

Shares of Citigroup Inc (NYSE:C) have bullishly opened above the pivot of $64.05 today and have reached the first resistance level of $64.19. Investors may be interested in a cross of the next upside pivot targets of $64.37 and $64.69.

In the past 52 weeks, shares of Citigroup Inc have traded between a low of $48.42 and a high of $76.53 and are now at $64.20, which is 33% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.5%.

Citigroup Inc (NYSE:C) has potential upside of 31.4% based on a current price of $64.20 and analysts' consensus price target of $84.33. Citigroup Inc shares should encounter resistance at the 200-day moving average (MA) of $65.74 and support at the 50-day MA of $61.91.

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

Keywords: pivot alerts citigroup inc

Ticker(s): C