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.
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 396 other stocks in this industry. CATC outperforms 76% of them.
CATC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, 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.