Three financials: C, JPM, and SF

Subscribers have asked about Citigroup (C), JPMorgan (JPM), and Stifel Financial (SF).

We last highlighted Citigroup (C) in Straight from the Chart on October 16, 2025, and suggested that a big base breakout favors upside on the stock to 114 and 128. C has achieved the 144 area and is closing in on the 128 area.

C remains within its leadership trend relative to the S&P 500 that began in late 2023.

Chart 1: Citigroup (C) (top) and relative to the S&P 500 (bottom)

The daily chart for C remains constructive, as the volume advance decline and on balance volume indicators remain positive and C continues to trend higher after its breakout from a late September into early December bullish pennant. C has tested 124 (61.8% extension of the April-September rally projected from the October low) with additional upside to 143 (100% extension) not ruled out, especially while above the recent higher low near 116.

Rising 13-, 26-, and 40-day moving averages near 121, 115, and 110, respectively, reinforce this stock's tactical uptrend.

Chart 2: Citigroup (C) (top), volume advance decline (center), and on balance volume (bottom)

JPMorgan (JPM) remains a momentum name within financials given strong absolute price and relative uptrends from late 2022. The stock shows upside potential to 358 (pattern count for the mid 2025 breakout above 280) and 381 (100% extension for the October 2022-February 2025 rally projected from the April 2025 low). The immediate trend is bullish above the prior highs from November and October at 322-318, which are backed up by rising 13- and 26-week moving averages (WMAs) at 313-306. The rising 40-WMA and last higher low near 291-290 offer an additional support.

Chart 3: JPMorgan Chase (JPM) (top) and relative to the S&P 500 (bottom)

Stifel Financial (SF) has broken out from a late 2024 into late 2025 bullish cup and handle formation. Holding the 123 to 117 range (rising 13- and 26-week moving averages (WMAs) and breakout points) would keep the pattern bullish with upside potential to 144 (100% extension of the October 2022-January 2025 rally projected from the April 2025 low) and 162 (cup and handle pattern count). If needed, the rising 40-WMA near 109 offers an additional support.

Chart 4: Stifel Financial (SF) (top) and relative to the S&P 500 (bottom)