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Weaker Stock
Today CTRN ranks #12156 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$80.97 (5.70%)

Volume: 225k

Closed: Dec 07, 2021

Hollow Logo Score: -1.498

Citi Trends Stock Forecast

$80.97 (5.70%)

Volume: 225k

Closed: Dec 07, 2021

Score Hollow Logo -1.498
Which way will CTRN go? Request
Key Stats
P/E Ratio 10.75
Beta 1.69
* 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 41 and the stock is currently not being overbought or oversold

A very strong day for Citi Trends stock price on Tuesday
(Updated on Dec 07, 2021)


Sell candidate since 2021-12-01 Gain 2.33%

The Citi Trends stock price gained 5.70% on the last trading day (Tuesday, 7th Dec 2021), rising from $76.60 to $80.97. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 5.51% from a day low at $77.29 to a day high of $81.55. The price has been going up and down for this period, and there has been a -11.69% loss for the last 2 weeks. Volume fell on the last day by -156 thousand shares and in total, 225 thousand shares were bought and sold for approximately $18.20 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.22% during the next 3 months and, with a 90% probability hold a price between $84.05 and $111.86 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The Citi Trends stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $82.23. On a fall, the stock will find some support from the short-term average at $79.10. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, December 03, 2021, and so far it has risen 9.61%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Friday, October 15, 2021 and based on theory for this formation the price should go up by 8.56% to $87.90 within 22 trading days since signal was issued (Tuesday, November 16, 2021).

Support, Risk & Stop-loss

Citi Trends finds support from accumulated volume at $80.09 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.26 between high and low, or 5.51%. For the last week, the stock has had a daily average volatility of 8.49%.

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 we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.498

Predicted Opening Price for Citi Trends of Wednesday, December 8, 2021

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

Fair opening price December 8, 2021 Current price
$79.94 $80.97 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

On Dec 01, 2021 "Craig Hallum" gave "$165.00 - $175.00" rating for CTRN. The price target was changed from $78.01 to 8.0%.

Volatility and Risk
Daily Average Volatility: 8.49 %
Overall Risk: Very High High Medium Low Very Low
Volatility
8.49 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $84.80
Price: $80.97
Support: $80.09

CTRN Insider Trading Show all Trades

INSIDER POWER

0.584

Last 100 transactions
Buy: 213 086 | Sell: 364 672 (Shares)
Date Action Amount Person Type
Dec 06, 2021 Sell 2 831 Powell Lisa A. Common Stock
Dec 03, 2021 Sell 1 419 Hynes Charles J. Common Stock
Oct 31, 2021 Buy 583 Francis Christina M Common Stock
Oct 31, 2021 Buy 583 Robinson-sabin Cara Common Stock
Oct 21, 2021 Sell 1 166 Hynes Charles J. Common Stock
Show all Insider Trades
INSIDER POWER

0.584

Last 100 transactions
Buy: 213 086 | Sell: 364 672 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 84.20 3.99 %
82.57 1.98 %
81.56 0.73 %
Current price: 80.97
Support 78.31 -3.29 %
77.30 -4.53 %
75.68 -6.54 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 94.31 16.48 %
90.18 11.37 %
84.80 4.73 %
Current price 80.97
Support 80.09 -1.09%
79.13 -2.27%
78.25 -3.36%

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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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