Citigroup Crosses Below Key Moving Average Level

In trading on Friday, shares of Citigroup Inc ( C) crossed below their 200 day moving average of $50.24, changing hands as low as $49.36 per share. Citigroup Inc shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of C shares, versus its 200 day moving average:

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Citigroup Inc 200 Day Moving Average Chart

Looking at the chart above, C's low point in its 52 week range is $40.28 per share, with $55.28 as the 52 week high point — that compares with a last trade of $49.51.

According to the ETF Finder at ETF Channel, C makes up 8.17% of the KBW Bank Portfolio ETF ( KBWB) which is trading lower by about 1.5% on the day Friday.

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