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Shares of C Down 37.1% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Citigroup Inc (NYSE:C) on February 24th, 2020 at $73.49. In approximately 1 month, Citigroup Inc has returned 37.06% as of today's recent price of $46.25.

In the past 52 weeks, Citigroup Inc share prices have been bracketed by a low of $32.00 and a high of $83.11 and are now at $46.09, 44% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 4.5%.

Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers. The Company services include investment banking, retail brokerage, corporate banking, and cash management products and services. Citigroup serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Citigroup Inc.

Log in and add Citigroup Inc (C) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights citigroup inc

Ticker(s): C