CAMBRIDGE BANCORP (CATC) Technical Analysis
NASDAQ:CATC • US1321521098
Taking everything into account, CATC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CATC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 part of the Banks industry. There are 381 other stocks in this industry. CATC outperforms 95% of them.
- A new 52 week high is currently being made by CATC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CATC is leading the market.
- 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 present a decent entry opportunity 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
3 important support areas can be observed.
- 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. |
CATC Technicals: Chart, Performance Metrics, Trend & Indicators
73.59
-0.31 (-0.42%)
CAMBRIDGE BANCORP / CATC FAQ
What is the technical rating for CATC stock?
ChartMill assigns a technical rating of 10 / 10 to CATC.
What is the trend direction for CATC stock?
The current trend direction for CAMBRIDGE BANCORP (CATC) is Bullish.
What is the RSI signal for CAMBRIDGE BANCORP (CATC) stock?
CAMBRIDGE BANCORP (CATC) has an RSI value of 69.6469. This indicates that the stock is currently neutral.
What is the buy/sell signal for CATC stock?
The buy/sell signal for CAMBRIDGE BANCORP (CATC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CATC stock?
CAMBRIDGE BANCORP (CATC) has a support level at 67.6. Check the full technical report for our detailed analysis of CATC support and resistance levels.