CATHAY GENERAL BANCORP (CATY)

US1491501045 - Common Stock

35.04  +0.08 (+0.23%)

After market: 35.04 0 (0%)

Technical Rating and Analysis

0

Overall CATY gets a technical rating of 0 out of 10. CATY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CATY is a bad performer in the overall market: 70% of all stocks are doing better.
CATY is one of the lesser performing stocks in the Banks industry. 64% of 411 stocks in the same industry do better.
In the last month CATY has a been trading in the 33.88 - 37.75 range, which is quite wide. It is currently trading near the lows of this range.
CATY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CATY is lagging the market slightly.
Weekly and Daily overview Charts
CATY Weekly chart
CATY Daily chart
Setup Rating and Analysis

8

CATY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 36.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.03, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

34.18

45.76

We found 1 important support area.

  • A support zone ranging from 34.53 to 35.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 36.63 to 38.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @44.00 from a trend line in the weekly time frame.
  • Resistance @45.31 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.68
Mansfield-1.36
10 Day High36.81
10 Day Low33.88
20 Day High37.75
20 Day Low33.88
52 Week High45.72
52 Week Low27.24
Performance
1 Week-2.67%
2 Weeks-0.57%
1 Month-7.38%
3 Month-18.83%
6 Month4.69%
12 Month9.95%
2 Year-12.6%
3 Year-13.44%
5 Year-4.76%
10 Year48.47%
15 Year212.3%
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)0.09
RSI(14)41.96
LBB33.8
UBB36.84
CATY Daily chart

CATHAY GENERAL BANCORP

NASDAQ:CATY (4/26/2024, 7:00:00 PM)

After market: 35.04 0 (0%)

35.04

+0.08 (+0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.23%
1 Week-2.67%
2 Weeks-0.57%
1 Month-7.38%
3 Month-18.83%
6 Month4.69%
12 Month9.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.09
ATR(20)%2.79%
ATR Inc
Range Today0.55
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 High36.81
10 Day Low33.88
20 Day High37.75
20 Day Low33.88
52 Week High45.72
52 Week Low27.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume195.10K
Volume Incr21.54%
Vol(5)494.03K
Vol(50)398.50K