Technical Analysis for CIT - CIT Group Inc (DEL)

Grade Last Price % Change Price Change
grade B 52.99 2.30% 1.19
CIT closed up 2.3 percent on Thursday, April 19, 2018, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Earnings due: Apr 24

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Flat Up
See historical CIT trend table...

Date Alert Name Type % Chg
Apr 19 Crossed Above 50 DMA Bullish 0.00%
Apr 19 180 Bullish Setup Bullish Swing Setup 0.00%
Apr 19 Bollinger Band Squeeze Range Contraction 0.00%
Apr 19 BB Squeeze Started Range Contraction 0.00%
Apr 19 BB Squeeze + Upper Band Touch Range Contraction 0.00%
Apr 19 Above Upper BB Strength 0.00%
Apr 19 Overbought Stochastic Strength 0.00%
Apr 19 Upper Bollinger Band Touch Strength 0.00%
Apr 18 Inside Day Range Contraction 2.30%
Apr 17 Wide Bands Range Expansion 2.00%

Older signals for CIT ...

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Profile
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products, as well as deposit products and savings accounts. The company operates through five segments: Corporate Finance, Transportation Finance, Trade Finance, Vendor Finance, and Consumer. The Corporate Finance segment offers lending, leasing, and other financial and advisory services to small and middle-market companies across various industries, including commercial and industrial, communications, media and entertainment, healthcare, and energy. The Transportation Finance segment provides aircraft and railcar, leasing and financing solutions to operators and suppliers in the aviation and North American rail car industries. This segment also offers lending and other financial products and services to companies in the transportation sector, such as business aircraft, maritime, and aerospace and defense industries. The Trade Finance segment provides a range of local and international customized credit protection, lending, and outsourcing services that include working capital and term loans, factoring, receivable management products, bulk purchases of accounts receivable, import and export financing, and letter of credit programs to retail supply chain companies. The Vendor Finance segment partners with manufacturers, distributors, and product resellers to deliver financing and leasing solutions to end-user customers. The Consumer segment offers government-guaranteed student loan portfolios, which are in run-off. The company also provides account receivables collection, acquisition and expansion financing, asset management, credit protection, financial risk management, import and export financing, letters of credit, insurance, and mergers and acquisition advisory, as well as debt restructuring, underwriting, and syndication services. CIT Group Inc. was founded in 1908 and is based in New York, New York.
Is CIT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 56.14
52 Week Low 43.0977
Average Volume 860,793
200-Day Moving Average 49.412
50-Day Moving Average 52.8758
20-Day Moving Average 51.792
10-Day Moving Average 51.905
Average True Range 1.19
ADX 26.3
+DI 16.14
-DI 20.82
Chandelier Exit (Long, 3 ATRs ) 51.03
Chandelier Exit (Short, 3 ATRs ) 53.99
Upper Bollinger Band 52.9477
Lower Bollinger Band 50.6363
Percent B (%b) 1.02
BandWidth 4.462851
MACD Line -0.1955
MACD Signal Line -0.3232
MACD Histogram 0.1276
Fundamentals Value
Market Cap 7.18 Billion
Num Shares 135 Million
EPS -3.42
Price-to-Earnings (P/E) Ratio -15.49
Price-to-Sales 2.97
Price-to-Book 0.91
PEG Ratio 3.36
Dividend 0.64
Dividend Yield 1.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.82
Resistance 3 (R3) 54.64 53.85 54.52
Resistance 2 (R2) 53.85 53.38 53.94 54.41
Resistance 1 (R1) 53.42 53.10 53.64 53.60 54.31
Pivot Point 52.63 52.63 52.74 52.72 52.63
Support 1 (S1) 52.20 52.16 52.42 52.38 51.67
Support 2 (S2) 51.41 51.88 51.50 51.57
Support 3 (S3) 50.98 51.41 51.47
Support 4 (S4) 51.16