Technical Analysis for CIT - CIT Group Inc (DEL)

Grade Last Price % Change Price Change
grade B 49.84 1.10% 0.54
CIT closed up 1.1 percent on Friday, December 8, 2017, on approximately normal volume.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical CIT trend table...

Date Alert Name Type % Chg
Dec 8 Wide Bands Range Expansion 0.00%
Dec 7 1,2,3 Pullback Bullish Bullish Swing Setup 1.10%
Dec 7 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.10%
Dec 7 Wide Bands Range Expansion 1.10%
Dec 6 NR7 Range Contraction 1.40%
Dec 6 Wide Bands Range Expansion 1.40%
Dec 5 Slingshot Bullish Bullish Swing Setup 0.28%
Dec 5 Multiple of Ten Bearish Other 0.28%
Dec 5 Wide Bands Range Expansion 0.28%
Dec 4 New 52 Week Closing High Bullish -1.44%

Older signals for CIT ...

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Basic chart:

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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 51.19
52 Week Low 39.341
Average Volume 986,935
200-Day Moving Average 46.1866
50-Day Moving Average 48.0104
20-Day Moving Average 48.3045
10-Day Moving Average 49.369
Average True Range 1.0278
ADX 30.09
+DI 28.79
-DI 19.4
Chandelier Exit (Long, 3 ATRs ) 48.1066
Chandelier Exit (Short, 3 ATRs ) 47.3734
Upper Bollinger Band 51.1557
Lower Bollinger Band 45.4533
Percent B (%b) 0.77
BandWidth 11.805111
MACD Line 0.7115
MACD Signal Line 0.5605
MACD Histogram 0.151
Fundamentals Value
Market Cap 6.75 Billion
Num Shares 135 Million
EPS -3.42
Price-to-Earnings (P/E) Ratio -14.57
Price-to-Sales 2.97
Price-to-Book 0.91
PEG Ratio 3.36
Dividend 0.64
Dividend Yield 1.28%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.42
Resistance 3 (R3) 51.28 50.62 51.15
Resistance 2 (R2) 50.62 50.22 50.69 51.06
Resistance 1 (R1) 50.23 49.97 50.43 50.37 50.98
Pivot Point 49.57 49.57 49.67 49.64 49.57
Support 1 (S1) 49.18 49.17 49.38 49.32 48.70
Support 2 (S2) 48.52 48.92 48.59 48.62
Support 3 (S3) 48.13 48.52 48.53
Support 4 (S4) 48.27