Should You Buy Citigroup Inc (C) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor who is impatient. While Wall Street sentiment has improved (multiple target raises and mostly Buy/Overweight ratings), Citi’s latest quarter showed YoY declines in revenue, net income, and EPS, insiders have been heavy sellers recently, and the technical setup is weak/indecisive with short-term pattern odds pointing to further downside over the next month. If you already own it, holding is reasonable; if you don’t, I would not deploy a large new position today.
Technical Analysis
Price is hovering near the pivot (114.86) with a slight down day (-0.37%), suggesting indecision around a key level. Momentum is soft: MACD histogram is negative (-0.83) and only mildly contracting, which typically aligns with a downtrend that is losing speed but not yet reversing. RSI(6) at ~43 is neutral-to-bearish (not oversold), so there’s no “washed out” bounce signal. Moving averages are converging, implying consolidation after prior movement rather than a clean uptrend. Key levels: Support S1 ~111.47 then S2 ~109.37; Resistance R1 ~118.25 then R2 ~120.35. The pattern-based projection provided also leans bearish over the next month (-7.37% probability path), which argues against buying immediately if you want quick confirmation.
