Is Citigroup Inc (C) a Stock to Watch After Losing -4.63% This Week?

Overall market sentiment has been down on Citigroup Inc (C) stock lately. C receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Citigroup Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on C!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With C Stock Today?

Citigroup Inc (C) stock is trading at $42.20 as of 10:50 AM on Friday, Mar 24, a drop of -$1.25, or -2.88% from the previous closing price of $43.45. The stock has traded between $42.01 and $42.88 so far today. Volume today is low. So far 6,431,870 shares have traded compared to average volume of 22,097,227 shares.

More About Citigroup Inc

Citigroup is a global financial services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into two primary segments: the institutional clients group (ICG) and the personal banking and wealth management group (PBWM). The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States. Click Here to get the full Stock Report for Citigroup Inc stock.