RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CTRN
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Green day on Wednesday for Citi Trends
(Updated on Mar 27, 2024)

Sell candidate since Mar 19, 2024 Loss -6.82% PDF

The Citi Trends stock price gained 0.187% on the last trading day (Wednesday, 27th Mar 2024), rising from $26.74 to $26.79. During the last trading day the stock fluctuated 2.52% from a day low at $26.64 to a day high of $27.31. The price has fallen in 7 of the last 10 days and is down by -13.8% for this period. Volume fell on the last day by -9 thousand shares and in total, 38 thousand shares were bought and sold for approximately $1.02 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 lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $26.78 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 7.50% during the next 3 months and, with a 90% probability hold a price between $28.79 and $35.18 at the end of this 3-month period.

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CTRN Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 0.187%. Further rise is indicated until a new top pivot has been found. 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 $27.77 and $29.53. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Citi Trends stock

Citi Trends finds support from accumulated volume at $26.74 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, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.670 between high and low, or 2.52%. For the last week the stock has had daily average volatility of 5.23%.

Citi Trends is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (CTRN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Citi Trends to open at $26.91, and during the day (based on 14 day Average True Range), to move between $25.30 and $28.28, which gives a possible trading interval of +/-$1.49 (+/-5.56%) up or down from last closing price. If Citi Trends takes out the full calculated possible swing range there will be an estimated 11.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $26.74 (0.19%) than the resistance at $28.75 (7.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Citi Trends stock A Buy?

The Citi Trends stock holds several negative signals and despite the positive trend, we believe Citi Trends will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.263 Sell Candidate Unchanged

Predicted Opening Price for Citi Trends of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$26.91 ( 0.460%) $26.79

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

Trading levels for CTRN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 27.58 2.96 %
R2 27.33 2.01 %
R1 27.17 1.42 %
Current price: 26.79
Support S1 26.66 -0.495 %
S2 26.50 -1.09 %
S3 26.24 -2.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 31.00 15.71 %
R2 28.77 7.39 %
R1 28.75 7.32 %
Current price 26.79
Support S1 26.74 -0.187%
S2 0 .
S3 0 .

CTRN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 19, 2020 Mar 02, 2020 Mar 17, 2020 $0.0800 0.556%
2 Nov 22, 2019 Dec 09, 2019 Dec 24, 2019 $0.0800 0.358%
3 Aug 22, 2019 Aug 30, 2019 Sep 17, 2019 $0.0800 0.441%
4 May 21, 2019 Jun 03, 2019 Jun 18, 2019 $0.0800 0.528%
5 Feb 12, 2019 Mar 04, 2019 Mar 19, 2019 $0.0800 0.406%

FAQ

What is the symbol for Citi Trends Stock and on which exchange is it traded?
The symbol for Citi Trends is CTRN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Citi Trends Stock?
The Citi Trends stock holds several negative signals and despite the positive trend, we believe Citi Trends will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Citi Trends Stock?
Citi Trends Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Citi Trends Stock.

What's the current price of Citi Trends Stock?
As of the end of day on the 2024-03-27, the price of an Citi Trends (CTRN) share was $26.79.

What is the 52-week high and low for Citi Trends Stock?
The 52-week high for Citi Trends Stock is $32.90 and the 52-week low is $14.21.

What is the market capitalization of Citi Trends Stock?
As of the 2024-03-27, the market capitalization of Citi Trends is 228.903M.

When is the next earnings date for Citi Trends?
The upcoming earnings date for Citi Trends is May 21, 2024.
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About Citi Trends

Citi Trends Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. It offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids uniforms and accessories. The company also provides accessories and beauty products that include handbags, luggage, hats, belts, sunglass... CTRN Profile

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