Citigroup (Brazil) Technical Analysis

CTGP34 Stock  BRL 52.00  0.80  1.56%   
As of the 28th of March, Citigroup shows the Risk Adjusted Performance of 0.1208, mean deviation of 1.08, and Downside Deviation of 1.12. Citigroup technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Citigroup, which can be compared to its rivals. Please confirm Citigroup information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Citigroup is priced correctly, providing market reflects its regular price of 52.0 per share.

Citigroup Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Citigroup, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Citigroup
  
Citigroup's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Citigroup technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Citigroup technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Citigroup trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Citigroup Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Citigroup volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Citigroup Trend Analysis

Use this graph to draw trend lines for Citigroup. You can use it to identify possible trend reversals for Citigroup as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Citigroup price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Citigroup Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Citigroup applied against its price change over selected period. The best fit line has a slop of   0.13  , which means Citigroup will continue generating value for investors. It has 122 observation points and a regression sum of squares at 645.46, which is the sum of squared deviations for the predicted Citigroup price change compared to its average price change.

About Citigroup Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Citigroup on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Citigroup based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Citigroup price pattern first instead of the macroeconomic environment surrounding Citigroup. By analyzing Citigroup's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Citigroup's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Citigroup specific price patterns or momentum indicators. Please read more on our technical analysis page.

Citigroup March 28, 2024 Technical Indicators

Most technical analysis of Citigroup help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Citigroup from various momentum indicators to cycle indicators. When you analyze Citigroup charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Citigroup March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Citigroup stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Citigroup offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citigroup's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citigroup Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citigroup Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.
Note that the Citigroup information on this page should be used as a complementary analysis to other Citigroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Citigroup Stock analysis

When running Citigroup's price analysis, check to measure Citigroup's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Citigroup is operating at the current time. Most of Citigroup's value examination focuses on studying past and present price action to predict the probability of Citigroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Citigroup's price. Additionally, you may evaluate how the addition of Citigroup to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.