Technical Analysis for CIT - CIT Group Inc (DEL)

Grade Last Price % Change Price Change
grade C 43.76 0.48% 0.21
CIT closed up 0.48 percent on Thursday, January 17, 2019, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Earnings due: Jan 29

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

Date Alert Name Type % Chg
Jan 17 Pocket Pivot Bullish Swing Setup 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 16 Crossed Above 50 DMA Bullish 0.48%
Jan 16 MACD Bullish Centerline Cross Bullish 0.48%
Jan 16 Pocket Pivot Bullish Swing Setup 0.48%
Jan 16 Overbought Stochastic Strength 0.48%
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.60%
Jan 15 NR7 Range Contraction 2.60%
Jan 15 Overbought Stochastic Strength 2.60%
Jan 14 Pocket Pivot Bullish Swing Setup 2.36%

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 35.5
Average Volume 1,141,268
200-Day Moving Average 49.7418
50-Day Moving Average 42.9258
20-Day Moving Average 39.941
10-Day Moving Average 41.978
Average True Range 1.2413
ADX 26.61
+DI 27.6813
-DI 15.9805
Chandelier Exit (Long, 3 ATRs ) 40.2061
Chandelier Exit (Short, 3 ATRs ) 39.2239
Upper Bollinger Band 44.5433
Lower Bollinger Band 35.3387
Percent B (%b) 0.91
BandWidth 23.045492
MACD Line 0.2385
MACD Signal Line -0.496
MACD Histogram 0.7345
Fundamentals Value
Market Cap 5.93 Billion
Num Shares 135 Million
EPS -3.42
Price-to-Earnings (P/E) Ratio -12.80
Price-to-Sales 2.97
Price-to-Book 0.91
PEG Ratio 3.36
Dividend 0.64
Dividend Yield 1.46%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.25
Resistance 3 (R3) 45.14 44.53 45.00
Resistance 2 (R2) 44.53 44.16 44.59 44.91
Resistance 1 (R1) 44.15 43.92 44.34 44.26 44.83
Pivot Point 43.54 43.54 43.64 43.60 43.54
Support 1 (S1) 43.16 43.17 43.35 43.27 42.69
Support 2 (S2) 42.55 42.93 42.61 42.61
Support 3 (S3) 42.17 42.55 42.52
Support 4 (S4) 42.28