Citigroup's most recent trend suggests a bullish bias. One trading opportunity on Citigroup is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 9.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Citigroup is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Citigroup is bullish.
The RSI indicator is at 76.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
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Mon, 25 Aug 2014 03:14:43 GMT
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Sat, 23 Aug 2014 14:24:13 GMT
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[$$] Citigroup Faces Curbs on Hedge-Fund Sales
Fri, 22 Aug 2014 20:52:56 GMT
The Wall Street Journal – Citigroup faces restrictions that will prevent it from selling investments in hedge funds and private-equity funds to wealthy clients, following a recent deal with U.S. regulators.
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