Shares of Citigroup (C) - Get Report have outperformed those of their money center banking peers by a wide margin over the past three months. They have been making a series of higher lows below horizontal resistance in the $62.00 area and look prepared to break out this consolidation pattern and continue their primary trend higher.

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The interactive chart shows the performance of the stock relative to Bank of America (BAC) - Get Report , JPMorgan Chase (JPM) - Get Report , Goldman Sachs (GS) - Get Report and Financial Select Sector SPDR Fund (XLF) - Get Report , and it reflects an acceleration of its performance within the group over the last year.

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The triangle pattern on the Citigroup chart formed as price was oscillating around the rising 50-day moving average, while the other stocks in the group were moving lower on their individual charts. Daily moving average convergence/divergence is overlaid on a weekly histogram of the oscillator and is tracking higher on both timeframes, and the relative strength index crossed over and held above its centerline. These readings suggest positive price momentum and short-term trend direction. The accumulation/distribution line crossed over its signal average last week, and Chaikin money flow has moved into positive territory this week.

Another upper candle close above triangle resistance is a long entry point using a trailing percentage stop. The pattern price objective is calculated by taking the height of the triangle and adding it to the breakout level and it targets the $69.00, or an approximately 11% move higher.

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The author had no position in the stocks mentioned at the time of publication.

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, which Cramer manages as a charitable trust, is long C.