CITI TRENDS INC (CTRN) Stock Technical Analysis
NASDAQ:CTRN - US17306X1028 - Common Stock
32.59 USD
+0.57 (+1.78%)
32.59 USD
0 (0%)
Overall CTRN gets a technical rating of 9 out of 10. In the last year, CTRN was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CTRN did better than 94% of all other stocks. We also observe that the gains produced by CTRN over the past year are nicely spread over this period.
CTRN is one of the better performing stocks in the Specialty Retail industry, it outperforms 91% of 124 stocks in the same industry.
CTRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTRN is lagging the market slightly.
In the last month CTRN has a been trading in the 28.44 - 33.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CTRN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 33.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.49
34.49
4 important support areas can be observed.
- A support zone ranging from 30.83 to 31.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.12 to 30.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.09 to 29.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.39 to 34.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CTRN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTRN is neutral. |
| ChartMill Relative Strength | 94.45 | POSITIVE | CTRN has a high relative strength, it outperformed 94.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTRN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.82 | NEUTRAL | The RSI value for CTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CTRN has a positive trend. |
| Stochastics (14,3) | 67.44 | NEUTRAL | The Stochastics value for CTRN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for CTRN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.16 | 30.82 | 3.34 (9.78%) | 10.23% |
| An entry @34.16. This is a Buy Stop order right above the resistance zone. | An exit @30.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.34 points, which is 9.78%. | When investing 10.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
32.59
+0.57 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.78%
1 Week1.94%
2 Weeks3.26%
1 Month8.67%
3 Month25.64%
6 Month28.26%
12 Month104.33%
2 Year50.67%
3 Year61.34%
5 Year68.6%
10 Year23.4%
15 Year44.2%
Volatility
ATR(14)1.44
ATR(20)%4.18%
ATR Inc124.16%
Range Today4.16
ADR(20)1.3
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.45
Mansfield2.35
10 Day High33.49
10 Day Low29.2
20 Day High33.49
20 Day Low28.44
52 Week High34.63
52 Week Low13.66
CS1 End31.14
CR1 Start33.39
Volume & EV
DER(3)1.57%
DER(5)2.4%
Volume55.00K
Volume Incr-24.94%
Vol(5)38.00K
Vol(50)66.97K