Citigroup Inc Daily Price Recap

The choppiness in the recent daily price action of Citigroup Inc continues; to start today, it came in at a price of 50.55 US dollars, up 0.4% ($0.2) since the day prior. The change in price came along side change in volume that was up 14.74% from previous day, but down 0.14% from the Sunday of last week. Let’s take a look at the daily price chart of Citigroup Inc.

Citigroup Inc Technical Analysis

Coming into today the current price of Citigroup Inc is sitting close to its 100 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for Citigroup Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Citigroup Inc’s price has gone up 8 of the previous 14 trading days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about C:

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