CADENCE BANK (CADE) Stock Technical Analysis
USA - NYSE:CADE - US12740C1036 - Common Stock
Taking everything into account, CADE scores 5 out of 10 in our technical rating. In the last year, CADE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CADE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 37.61, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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26.04
When analyzing the support we can see 5 important areas.
- A support zone ranging from 37.50 to 37.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.48 to 36.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.34 to 35.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @26.93 from a horizontal line in the weekly time frame.
- Support @26.30 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 38.88 to 38.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @39.78 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CADE is neutral. |
| ChartMill Relative Strength | 68.98 | NEUTRAL | CADE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CADE is above a declining 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) | 52.38 | NEUTRAL | The RSI value for CADE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CADE has a positive trend. |
| Stochastics (14,3) | 50.75 | NEUTRAL | The Stochastics value for CADE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CADE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.94 | NEGATIVE | The low ADX value for CADE suggests a weak or negative trend. |
37.74
+0.36 (+0.96%)
CADENCE BANK / CADE FAQ
What is the technical rating for CADE stock?
ChartMill assigns a technical rating of 5 / 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 52.3784. 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 neutral.
What is the support and resistance level for CADE stock?
CADENCE BANK (CADE) has a support level at 37.61 and a resistance level at 38.88. Check the full technical report for our detailed analysis of CADE support and resistance levels.