CADENCE BANK (CADE)

US12740C1036 - Common Stock

29.18  +0.12 (+0.41%)

Technical Rating and Analysis

9

Taking everything into account, CADE scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CADE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CADE did better than 84% of all other stocks.
CADE is part of the Banks industry. There are 411 other stocks in this industry. CADE outperforms 91% of them.
CADE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CADE is performing more or less in line with the market.
In the last month CADE has a been trading in the 26.16 - 29.53 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CADE has an average volume of 1183740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CADE Weekly chart
CADE Daily chart
Setup Rating and Analysis

3

Although CADE has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

22.05

29.47

4 important support areas can be observed.

  • A support zone ranging from 27.53 to 27.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 26.30 to 26.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.54 from a horizontal line in the daily time frame.
  • Support @22.27 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.86
Mansfield0.97
10 Day High29.53
10 Day Low26.16
20 Day High29.53
20 Day Low26.16
52 Week High31.45
52 Week Low16.95
Performance
1 Week10.2%
2 Weeks7.67%
1 Month0.41%
3 Month-1.82%
6 Month39.04%
12 Month43.72%
2 Year16.05%
3 Year30.61%
5 Year27.74%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)60.93
LBB25.55
UBB29.56
CADE Daily chart

CADENCE BANK

NYSE:CADE (4/26/2024, 9:57:09 AM)

29.18

+0.12 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.41%
1 Week10.2%
2 Weeks7.67%
1 Month0.41%
3 Month-1.82%
6 Month39.04%
12 Month43.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.83
ATR(20)%2.69%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.53
10 Day Low26.16
20 Day High29.53
20 Day Low26.16
52 Week High31.45
52 Week Low16.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume153.87K
Volume Incr63.2%
Vol(5)1.65M
Vol(50)1.18M