Citigroup's most recent trend suggests a bearish bias. One trading opportunity on Citigroup is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 16.28% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Citigroup is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Citigroup is bearish.
The RSI indicator is at 48.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
JPMorgan backs UK's EU membership as good for trade: FT
Thu, 23 Jan 2014 00:02:15 GMT
Bankers Urge Britain to Remain Part of European Union
Wed, 22 Jan 2014 18:42:53 GMT
New York Times – Though there is ample popular sentiment in Britain for withdrawing from the European Union, the British Bankers’ Association and Citigroup are supporting keeping the country as part of the bloc.
Finding Big Values Through Intrinsic Investment Research: A Wall Street Transcript Interview with Edward A. Crawford, a Partner and Co-Portfolio Manager at Roumell Asset Management, LLC
Wed, 22 Jan 2014 18:18:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – January 22, 2014 – The Wall Street Transcript has just published its current Value Investing and Other Strategies Report. This special feature contains expert industry commentary …
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Wed, 22 Jan 2014 14:49:19 GMT
Regions Financial Resembles the Best in Richard Sherman
Wed, 22 Jan 2014 13:55:00 GMT
TheStreet – Regions Financial has a lot in common with Richard Sherman, the star cornerback for the Seattle Seahawks.
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