CAMBRIDGE BANCORP (CATC) Stock Technical Analysis
NASDAQ:CATC - US1321521098 - Common Stock
73.59 USD
-0.31 (-0.42%)
74.0848 USD
+0.49 (+0.67%)
We assign a technical rating of 10 out of 10 to CATC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CATC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CATC is one of the better performing stocks in the market, outperforming 86% of all stocks.
CATC is one of the better performing stocks in the Banks industry, it outperforms 93% of 395 stocks in the same industry.
A new 52 week high is currently being made by CATC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CATC has a been trading in the 62.57 - 75.62 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CATC 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
57.77
74.33
We found 3 important support areas.
- A support zone ranging from 66.87 to 67.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.64 to 65.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.35 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 CATC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CATC is up. |
| ChartMill Relative Strength | 86.82 | POSITIVE | CATC has a high relative strength, it outperformed 86.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CATC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CATC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CATC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.65 | NEUTRAL | The RSI value for CATC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests CATC has a positive trend. |
| Stochastics (14,3) | 93.03 | OVERBOUGHT | The high Stochastics value suggests CATC may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CATC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.91 | NEGATIVE | The low ADX value for CATC 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)
73.59
-0.31 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.42%
1 Week8.76%
2 Weeks10.02%
1 Month12.63%
3 Month19.52%
6 Month9.18%
12 Month28.27%
2 Year-11.65%
3 Year-14.01%
5 Year-5.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.85
ATR(20)%2.41%
ATR Inc46.91%
Range Today2.08
ADR(20)1.59
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.82
Mansfield0.03
10 Day High75.62
10 Day Low67.37
20 Day High75.62
20 Day Low62.57
52 Week High75.62
52 Week Low48.37
CS1 End67.6
CR1 StartN/A
Volume & EV
DER(3)2.52%
DER(5)-0.22%
Volume228.20K
Volume Incr119.59%
Vol(5)85.52K
Vol(50)34.89K