Citigroup's most recent trend suggests a bullish bias. One trading opportunity on Citigroup is a Bull Put Spread using a strike $55.50 short put and a strike $50.50 long put offers a potential 6.61% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.50 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $50.50 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 75.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
Fed proposing big US banks boost capital cushions
Tue, 09 Dec 2014 08:02:04 GMT
Fed proposing big US banks boost capital cushions
Tue, 09 Dec 2014 08:02:04 GMT
Citi Appointed Successor Depositary Bank for Deutsche Post DHL’s ADR Programme
Tue, 09 Dec 2014 08:00:00 GMT
Citi Appointed Successor Depositary Bank for Deutsche Post DHL’s ADR Programme
Tue, 09 Dec 2014 08:00:00 GMT
Business Wire – Citi, acting through Citibank N.A., has been appointed by Deutsche Post AG , the world’s leading mail and logistics services group, as successor depositary bank for its Level 1 American Depositary Receipt programme.
Big Bank Stocks Look Strong on the Charts
Mon, 08 Dec 2014 22:26:00 GMT
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