CATHAY GENERAL BANCORP (CATY) Stock Technical Analysis
NASDAQ:CATY - Nasdaq - US1491501045 - Common Stock - Currency: USD
Overall CATY gets a technical rating of 1 out of 10. CATY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CATY is part of the Banks industry. There are 402 other stocks in this industry, of which 69% are performing better than CATY.
In the last month CATY has a been trading in the 43.73 - 47.93 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, CATY turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
CATY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
CATY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 44.66, a Stop Loss order could be placed below this zone.
More info and screens
37.46
49.28
We found 3 important support areas.
- A support zone ranging from 44.45 to 44.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.87 from a trend line in the weekly time frame.
- Support @37.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 45.24 to 46.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.34 to 48.79. 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
CRS46.42
Mansfield0.2
10 Day High47.93
10 Day Low43.73
20 Day High47.93
20 Day Low43.73
52 Week High55.29
52 Week Low33.88
Performance
1 Week-4.86%
2 Weeks-2.59%
1 Month-6.16%
3 Month-13.16%
6 Month6.15%
12 Month10.21%
2 Year29.4%
3 Year-0.18%
5 Year94.64%
10 Year57.01%
15 Year284.42%
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)-0.16
RSI(14)37.68
LBB44.22
UBB47.75
44.67
+0.21 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.47%
1 Week-4.86%
2 Weeks-2.59%
1 Month-6.16%
3 Month-13.16%
6 Month6.15%
12 Month10.21%
2 Year29.4%
3 Year-0.18%
5 Year94.64%
10 Year57.01%
15 Year284.42%
Volatility
ATR(14)1.18
ATR(20)%2.56%
ATR Inc-11.21%
Range Today1.18
ADR(20)1.07
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.42
Mansfield0.2
10 Day High47.93
10 Day Low43.73
20 Day High47.93
20 Day Low43.73
52 Week High55.29
52 Week Low33.88
CS1 End44.66
CR1 Start45.24
Volume & EV
DER(3)-2.31%
DER(5)-3.01%
Volume287.80K
Volume Incr19.11%
Vol(5)381.76K
Vol(50)324.72K