$C Citigroup Inc Stock Robo Analyst May 2 2020 #C

Citigroup Inc (C) “On a long-term technical basis, the stock (C) is trading below its 200-day moving average which implies it is in a negative trend. If the new level of support at 40.10 holds, look for a bounce to the next resistance level at 46.29. If the stock breaks up through resistance at 49.83 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.

The stock has support at 40.10 and 36.67. If the stock breaks down through support at 40.10 then it will probably continue lower to 36.67. The stock has resistance at 46.29 and at 48.85. If the stock breaks up through resistance at 46.29 then it will probably continue higher to 48.85. The 200-day moving average is at 66.75. This will also act as resistance. The stock is slightly overbought according to the Stochastic Indicator (71.54).”