CATHAY GENERAL BANCORP (CATY)
US1491501045 - Common Stock
Taking everything into account, CATY 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, CATY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
CATY 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 CATY is leading the market.
In the last month CATY has a been trading in the 36.13 - 45.88 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CATY is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CATY is an average performer in the Banks industry, it outperforms 61% of 407 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CATY has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
34.42
45.90
3 important support areas can be observed.
- Support @41.99 from a horizontal line in the daily time frame.
- A support zone ranging from 37.50 to 38.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 34.77 to 35.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.25 to 45.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield0.57
10 Day High45.88
10 Day Low39.88
20 Day High45.88
20 Day Low36.13
52 Week High45.88
52 Week Low32.08
Performance
1 Week7.71%
2 Weeks14.88%
1 Month20.99%
3 Month29.11%
6 Month4.8%
12 Month18.21%
2 Year8.49%
3 Year19.46%
5 Year21.55%
10 Year76.79%
15 Year396.05%
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)0.48
RSI(14)79.09
LBB36.89
UBB46.59
CATHAY GENERAL BANCORP
NASDAQ:CATY (7/26/2024, 7:20:59 PM)
After market: 45.24 0 (0%)45.24
+0.27 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.6%
1 Week7.71%
2 Weeks14.88%
1 Month20.99%
3 Month29.11%
6 Month4.8%
12 Month18.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.55
ATR(20)%2.87%
ATR Inc
Range Today1.1
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 High45.88
10 Day Low39.88
20 Day High45.88
20 Day Low36.13
52 Week High45.88
52 Week Low32.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume278.40K
Volume Incr19.53%
Vol(5)460.08K
Vol(50)342.82K