CADENCE BANK (CADE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CADE - US12740C1036 - Common Stock
Overall CADE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CADE is showing a nice and steady performance.
Besides having an excellent technical rating, CADE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.04
We found 7 important support areas.
- A support zone ranging from 39.05 to 39.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.96 from a trend line in the daily time frame.
- Support @37.23 from a horizontal line in the daily time frame.
- Support @36.48 from a horizontal line in the daily time frame.
- Support @35.34 from a horizontal line in the daily time frame.
- Support @26.93 from a horizontal line in the weekly time frame.
- Support @26.30 from a horizontal line in the weekly 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 CADE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CADE is up. |
| ChartMill Relative Strength | 86.11 | POSITIVE | CADE has a high relative strength, it outperformed 86.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CADE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CADE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CADE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.74 | NEUTRAL | The RSI value for CADE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CADE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.15 | NEUTRAL | The Stochastics value for CADE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CADE suggests some volalility. |
| Average Directional Index/ADX (14) | 37.54 | POSITIVE | The high ADX value value for CADE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.27 | 41.27 | 2.99 (6.77%) | 14.78% |
| An entry @44.27. This is a Buy Stop order right above the 10 day high. | An exit @41.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.99 points, which is 6.77%. | When investing 14.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43.49
+0.51 (+1.19%)
CADENCE BANK / CADE FAQ
What is the technical rating for CADE stock?
ChartMill assigns a technical rating of 10 / 10 to CADE.
What is the trend direction for CADE stock?
The current trend direction for CADENCE BANK (CADE) is Bullish.
Can you provide the RSI signal for CADENCE BANK?
CADENCE BANK (CADE) has an RSI value of 69.7414. This indicates that the stock is currently neutral.
What is the short term momentum for CADENCE BANK (CADE) stock?
The short term momentum for CADENCE BANK (CADE) is positive.
What is the support and resistance level for CADE stock?
CADENCE BANK (CADE) has a support level at 39.68. Check the full technical report for our detailed analysis of CADE support and resistance levels.