CADENCE BANK (CADE) Stock Technical Analysis
NYSE:CADE - US12740C1036 - Common Stock
37.19 USD
+1.85 (+5.23%)
37.19 USD
0 (0%)
We assign a technical rating of 8 out of 10 to CADE. 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.
Both the short term and long term trends are positive. This is a very positive sign.
CADE is part of the Banks industry. There are 393 other stocks in this industry. CADE outperforms 77% of them.
CADE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CADE is lagging the market slightly.
In the last month CADE has a been trading in the 33.25 - 37.42 range, which is quite wide. It is currently trading near the high of this range.
CADE has an average volume of 1848440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CADE is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although CADE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.04
37.56
6 important support areas can be observed.
- A support zone ranging from 35.23 to 35.93. 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 33.59 to 34.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.96 from a trend line in the daily time frame.
- Support @28.15 from a trend line in the weekly 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.
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 | 78.49 | POSITIVE | CADE has a high relative strength, it outperformed 78.49% off all stocks 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) | 65.18 | NEUTRAL | The RSI value for CADE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CADE has a positive trend. |
| Stochastics (14,3) | 74.81 | NEUTRAL | The Stochastics value for CADE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CADE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | 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)
37.19
+1.85 (+5.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.23%
1 Week5.15%
2 Weeks8.49%
1 Month2.11%
3 Month23.15%
6 Month12.56%
12 Month13.49%
2 Year62.54%
3 Year45.96%
5 Year291.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.33%
ATR Inc54.59%
Range Today2.06
ADR(20)0.82
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.49
Mansfield0.29
10 Day High37.42
10 Day Low33.97
20 Day High37.42
20 Day Low33.25
52 Week High40.2
52 Week Low25.22
CS1 End35.93
CR1 StartN/A
Volume & EV
DER(3)0.4%
DER(5)1.81%
Volume2.02M
Volume Incr-10.95%
Vol(5)1.81M
Vol(50)1.85M