Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
CIT Group Inc (DEL) (NYSE:CIT)
Crossroads (-60) - CIT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIT
The long-term trend has been UP since Aug 27th, 2021 at 55.03
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 52.58
The short-term trend has been DOWN since Oct 19th, 2021 at 51.60
Smart Scan Analysis for CIT
Based on our trend formula, CIT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||56.14||Year High Date||2018-03-07|
|Year Low||43.8||Year Low Date||2018-10-26|
|52wk High||56.615||52wk High Date||2021-09-02|
|52wk Low||27.19||52wk Low Date||2020-10-29|
|Year End Close||38.64||Average Volume||568,417|
|Shares Outstanding||99,144||Short Interest||2,733,954|
|% Institutional||94.1||Market Cap||4,428M|