CADENCE BANK (CADE) Stock Technical Analysis
NYSE:CADE - New York Stock Exchange, Inc. - US12740C1036 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CADE. CADE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CADE is part of the Banks industry. There are 396 other stocks in this industry, of which 64% are performing better than CADE.
In the last month CADE has a been trading in the 29.62 - 32.05 range, which is quite wide. It is currently trading near the lows of this range.
CADE has an average volume of 1378790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, CADE turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
CADE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CADE is lagging the market slightly.
The technical rating of CADE is bad and it also does not present a quality setup 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
33.49
2 important support areas can be observed.
- A support zone ranging from 26.93 to 27.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 26.30 to 26.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 30.46 to 31.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.82 from a horizontal line in the weekly time frame.
- Resistance @32.41 from a horizontal line in the daily time frame.
- Resistance @33.16 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 | NEUTRAL | NEUTRAL | The long term trend for CADE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CADE is neutral. |
| ChartMill Relative Strength | 62.43 | NEUTRAL | CADE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CADE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CADE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CADE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for CADE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CADE has a negative trend. |
| Stochastics (14,3) | 53.95 | NEUTRAL | The Stochastics value for CADE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for CADE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for CADE suggests a weak or negative trend. |
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)
30.01
-1.15 (-3.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.69%
1 Week-2.72%
2 Weeks-0.96%
1 Month-6.31%
3 Month0.54%
6 Month-17.55%
12 Month11.44%
2 Year52.8%
3 Year27.81%
5 Year238.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.27%
ATR Inc47.58%
Range Today0.65
ADR(20)0.6
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.43
Mansfield-1.03
10 Day High31.72
10 Day Low29.62
20 Day High32.05
20 Day Low29.62
52 Week High40.2
52 Week Low25.22
CS1 End27.29
CR1 Start30.46
Volume & EV
DER(3)-0.89%
DER(5)-0.25%
Volume1.06M
Volume Incr-7.13%
Vol(5)1.07M
Vol(50)1.38M