InvestorsObserver
×
News Home

How Will the Market React to Citi Trends, Inc. (CTRN) Stock Getting a Bullish Rating

Tuesday, January 12, 2021 02:26 PM | InvestorsObserver Analysts

Mentioned in this article

How Will the Market React to Citi Trends, Inc. (CTRN) Stock Getting a Bullish Rating

The market has been high on Citi Trends, Inc. (CTRN) stock recently. CTRN gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
Citi Trends, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CTRN!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CTRN Stock Today?

Citi Trends, Inc. (CTRN) stock is trading at $60.40 as of 2:14 PM on Tuesday, Jan 12, an increase of $4.44, or 7.93% from the previous closing price of $55.96. The stock has traded between $56.68 and $60.62 so far today. Volume today is 200,328 compared to average volume of 169,836.

To see the top 5 stocks in the Apparel Retail industry click here.

More About Citi Trends, Inc.

Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys.

Click Here to get the full Stock Score Report on Citi Trends, Inc. (CTRN) Stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App