CADENCE BANK (CADE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CADE - US12740C1036 - Common Stock
Taking everything into account, CADE scores 8 out of 10 in our technical rating. Although CADE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CADE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.04
5 important support areas can be observed.
- A support zone ranging from 37.72 to 38.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.10 from a trend line in the daily time frame.
- A support zone ranging from 35.34 to 36.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.93 from a horizontal line in the weekly time frame.
- Support @26.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.85 to 39.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CADE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CADE is up. |
| ChartMill Relative Strength | 62.82 | NEUTRAL | CADE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CADE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CADE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CADE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.29 | NEUTRAL | The RSI value for CADE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CADE has a positive trend. |
| Stochastics (14,3) | 92.51 | OVERBOUGHT | The high Stochastics value suggests CADE may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for CADE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for CADE suggests a weak or negative trend. |
39.84
+0.07 (+0.18%)
CADENCE BANK / CADE FAQ
What is the technical rating for CADE stock?
ChartMill assigns a technical rating of 8 / 10 to CADE.
What is the trend direction for CADE stock?
The current trend direction for CADENCE BANK (CADE) is Bullish.
Can you provide the RSI signal for CADENCE BANK?
CADENCE BANK (CADE) has an RSI value of 63.2897. This indicates that the stock is currently neutral.
What is the short term momentum for CADENCE BANK (CADE) stock?
The short term momentum for CADENCE BANK (CADE) is positive.
What is the support and resistance level for CADE stock?
CADENCE BANK (CADE) has a support level at 38.6 and a resistance level at 39.85. Check the full technical report for our detailed analysis of CADE support and resistance levels.