CAMBRIDGE BANCORP (CATC) Technical Analysis
NASDAQ:CATC • US1321521098
Current stock price
CATC Technical Rating and Analysis
Taking everything into account, CATC scores 10 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, CATC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CATC did better than 86% of all other stocks.
- CATC is part of the Banks industry. There are 380 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.
CATC Weekly and Daily overview Charts
CATC Setup Rating and Analysis
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
CATC Support and Resistance Analysis
57.77
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.
CATC Technical Indicator Signal Analysis
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 Chart- and CandleStick Pattern Analysis
CATC Technicals: Chart, Performance Metrics, Trend & Indicators
73.59
-0.31 (-0.42%)
CAMBRIDGE BANCORP / CATC TA FAQ
What is the technical rating for CATC stock?
ChartMill assigns a technical rating of 10 / 10 to CATC.
Can you provide the trend direction for CAMBRIDGE BANCORP?
The current trend direction for CAMBRIDGE BANCORP (CATC) is Bullish.
Can you provide the RSI signal for CAMBRIDGE BANCORP?
CAMBRIDGE BANCORP (CATC) has an RSI value of 69.6469. This indicates that the stock is currently neutral.
What is the short term momentum for CAMBRIDGE BANCORP (CATC) stock?
The short term momentum for CAMBRIDGE BANCORP (CATC) is positive.
What is the buy/sell signal for CAMBRIDGE BANCORP (CATC) stock?
The buy/sell signal for CAMBRIDGE BANCORP (CATC) is buy as both the short term and long term trends are positive.