Technical Analysis for CIT - CIT Group Inc (DEL)

Grade Last Price % Change Price Change
grade F 45.35 -1.26% -0.58
CIT closed down 1.26 percent on Friday, November 16, 2018, on 1.39 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

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

Date Alert Name Type % Chg
Nov 16 Narrow Range Bar Range Contraction 0.00%
Nov 16 NR7 Range Contraction 0.00%
Nov 16 Inside Day Range Contraction 0.00%
Nov 14 Fell Below 20 DMA Bearish -0.98%
Nov 13 Crossed Above 20 DMA Bullish -2.79%
Nov 12 20 DMA Resistance Bearish -2.26%
Nov 12 NR7 Range Contraction -2.26%
Nov 12 NR7-2 Range Contraction -2.26%
Nov 12 Down 3 Days in a Row Weakness -2.26%
Nov 9 Fell Below 20 DMA Bearish -2.91%

Older signals for CIT ...

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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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 56.14
52 Week Low 43.8
Average Volume 1,165,781
200-Day Moving Average 51.9464
50-Day Moving Average 49.472
20-Day Moving Average 46.199
10-Day Moving Average 46.587
Average True Range 1.151
ADX 34.82
+DI 12.0338
-DI 24.7608
Chandelier Exit (Long, 3 ATRs ) 45.917
Chandelier Exit (Short, 3 ATRs ) 47.253
Upper Bollinger Band 48.4095
Lower Bollinger Band 43.9885
Percent B (%b) 0.31
BandWidth 9.569471
MACD Line -0.883
MACD Signal Line -0.9742
MACD Histogram 0.0912
Fundamentals Value
Market Cap 6.14 Billion
Num Shares 135 Million
EPS -3.42
Price-to-Earnings (P/E) Ratio -13.26
Price-to-Sales 2.97
Price-to-Book 0.91
PEG Ratio 3.36
Dividend 0.64
Dividend Yield 1.41%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 46.21
Resistance 3 (R3) 46.28 46.07 46.06
Resistance 2 (R2) 46.07 45.85 46.03 46.01
Resistance 1 (R1) 45.71 45.72 45.61 45.64 45.97
Pivot Point 45.50 45.50 45.45 45.46 45.50
Support 1 (S1) 45.14 45.28 45.04 45.07 44.73
Support 2 (S2) 44.93 45.15 44.89 44.69
Support 3 (S3) 44.57 44.93 44.64
Support 4 (S4) 44.50