Logo image of CAC

CAMDEN NATIONAL CORP (CAC) Stock Technical Analysis

NASDAQ:CAC - Nasdaq - US1330341082 - Common Stock - Currency: USD

37.29  +0.06 (+0.16%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CAC. CAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

76% of all other stocks performed better in the past year than CAC.
CAC is one of the lesser performing stocks in the Banks industry. 86% of 393 stocks in the same industry do better.
CAC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CAC has a been trading in the 36.38 - 43.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Weekly and Daily overview Charts
CAMDEN NATIONAL CORP / CAC Weekly stock chart
CAMDEN NATIONAL CORP / CAC Daily stock chart
Setup Rating and Analysis

2

The technical rating of CAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

35.98

44.42

When analyzing the support we notice one important area.

  • A support zone ranging from 36.34 to 36.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 41.36 to 43.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @43.98 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CAC is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CAC is down.
ChartMill Relative Strength24.67NEGATIVECAC has a low relative strength, it was outperformed by 75.33% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CAC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CAC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CAC is below a declining SMA(200).
Relative Strength Index/RSI (14)29.51OVERSOLDThe low RSI value suggests CAC may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.51NEGATIVEThe MACD value suggests CAC has a negative trend.
Stochastics (14,3)17.93OVERSOLDThe low Stochastics value suggests CAC may be oversold.
Average True Range in percent/ATR (20)3.12MEDIUM VOLATILITYThe ATR as a percentage value for CAC suggests some volalility.
Average Directional Index/ADX (14)15.82NEGATIVEThe low ADX value for CAC suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CAMDEN NATIONAL CORP / CAC Daily stock chart

CAMDEN NATIONAL CORP

NASDAQ:CAC (7/30/2025, 3:42:03 PM)

37.29

+0.06 (+0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.16%
1 Week-11.71%
2 Weeks-10.46%
1 Month-8.26%
3 Month-5.96%
6 Month-17.92%
12 Month-1.01%
2 Year7.66%
3 Year-18.53%
5 Year17.48%
10 Year38.71%
15 Year78.7%
Volatility
ATR(14)1.23
ATR(20)%3.12%
ATR Inc211.65%
Range Today2.12
ADR(20)1.13
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.67
Mansfield-1.76
10 Day High42.92
10 Day Low36.38
20 Day High43.78
20 Day Low36.38
52 Week High50.07
52 Week Low34.53
CS1 End36.43
CR1 Start41.36
Volume & EV
DER(3)-1.47%
DER(5)-1.92%
Volume98.46K
Volume Incr10.74%
Vol(5)76.22K
Vol(50)60.42K