Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
CitiGroup's stock (C) fell in the intraday levels after touching the resistance of the 50-day SMA, amid the dominance of the downward trend, marking a loss of 0.17% in the last session, or 8 cents, and settling at 46.24, with positive signals emitting from the RSI.
Therefore we expect more losses for the stock, targeting the pivotal support of 43.50, provided the resistance of 47.50 holds on.
Expected trend for today: Bearish