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Key Stats
P/E Ratio 9.71
Beta 1.32
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 34 and the stock is currently not being overbought or oversold

Green day on Friday for Citi Trends (Updated on July 30, 2021)


Sell candidate since 2021-07-16 Loss -1.16%

The Citi Trends stock price gained 0.66% on the last trading day (Friday, 30th Jul 2021), rising from $79.23 to $79.75. During the day the stock fluctuated 4.89% from a day low at $78.60 to a day high of $82.44. The price has been going up and down for this period, and there has been a -1.16% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 111 thousand shares were bought and sold for approximately $8.81 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.15% during the next 3 months and, with a 90% probability hold a price between $59.99 and $72.45 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, July 19, 2021, and so far it has risen 4.74%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Citi Trends stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $81.02 and $83.01. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

Citi Trends finds support from accumulated volume at $79.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.84 between high and low, or 4.89%. For the last week, the stock has had a daily average volatility of 4.53%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Citi Trends stock A Buy?

Citi Trends holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.058

Predicted Opening Price for Citi Trends of Monday, August 2, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price August 2, 2021 Current price
$80.26 $79.75 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

Craig Hallum is very positive about CTRN and gave it a "Buy" rating on May 26, 2021. The price target was changed from $142.00 to $150.00.

Volatility
4.53 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $82.02
Price: $79.75
Support: $79.23

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 84.10 5.46 %
82.64 3.62 %
81.73 2.48 %
Current price: 79.75
Support 78.80 -1.20 %
77.89 -2.33 %
76.42 -4.17 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 83.72 4.98 %
83.39 4.56 %
82.02 2.85 %
Current price 79.75
Support 79.23 -0.65%
77.69 -2.58%
76.14 -4.53%

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About Citi Trends

Citi Trends Citi Trends, Inc. operates as an off-price retailer of urban fashion apparel and accessories. The company offers apparel comprising fashion sportswear for men, women, and children, as well as offerings for newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and decorative home products, functional home products, beauty products, books, toys, and electron... Read more

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