Citigroup's most recent trend suggests a bullish bias. One trading opportunity on Citigroup is a Bull Put Spread using a strike $53.50 short put and a strike $48.50 long put offers a potential 13.38% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $53.50 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $48.50 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 41.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
M&A Activity: Will Mega Deals Continue in 2015?
Fri, 26 Dec 2014 21:14:44 GMT
Credit Suisse loses bid to dismiss mortgage case
Fri, 26 Dec 2014 17:29:22 GMT
Citigroup To Sell Japanese Retail Banking Business
Fri, 26 Dec 2014 14:37:00 GMT
Investor's Business Daily – Citigroup (C) announced Thursday it will sell its Japanese retail banking business to Sumitomo Mitsui Banking Corp. (SMFG) The deal includes 32 retail branches, Citibank Japan's ATMs, 740,000 customer …
Citibank Sells Japan Retail Unit to Sumitomo Mitsui
Fri, 26 Dec 2014 06:05:28 GMT
The Wall Street Journal – Sumitomo Mitsui said it would purchase Citigroup’s Japanese retail operations, leaving the New York bank to focus on corporate banking, investment banking and other institutional businesses in the world’s …
Citigroup to sell Japan retail banking business
Thu, 25 Dec 2014 21:35:07 GMT
USA TODAY – The firm said Citibank Japan's entire retail banking operations will be transferred.
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