CATHAY GENERAL BANCORP (CATY) Stock Technical Analysis
NASDAQ:CATY - Nasdaq - US1491501045 - Common Stock - Currency: USD
Taking everything into account, CATY scores 1 out of 10 in our technical rating. 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 405 other stocks in this industry, of which 65% are performing better than CATY.
In the last month CATY has a been trading in the 44.87 - 49.37 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, CATY outperforms 61% of them, which is more or less in line with the market.
CATY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CATY is lagging the market.
CATY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 46.96, a Stop Loss order could be placed below this zone.
More info and screens
38.99
54.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.74 to 46.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.59 to 45.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 47.34 to 47.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.64 to 49.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @53.86 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.63
Mansfield0.3
10 Day High48.89
10 Day Low45.72
20 Day High49.37
20 Day Low44.87
52 Week High55.29
52 Week Low33.88
Performance
1 Week-0.25%
2 Weeks-3.24%
1 Month-0.76%
3 Month-7.69%
6 Month16.35%
12 Month18.66%
2 Year9.93%
3 Year0.32%
5 Year53.28%
10 Year82.66%
15 Year383.9%
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)0.02
RSI(14)46.24
LBB46.23
UBB49.05
CATHAY GENERAL BANCORP
NASDAQ:CATY (2/4/2025, 8:00:02 PM)
After market: 47.18 0 (0%)47.18
+0.62 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.33%
1 Week-0.25%
2 Weeks-3.24%
1 Month-0.76%
3 Month-7.69%
6 Month16.35%
12 Month18.66%
2 Year9.93%
3 Year0.32%
5 Year53.28%
10 Year82.66%
15 Year383.9%
Volatility
ATR(14)1.15
ATR(20)%2.71%
ATR Inc21.45%
Range Today1.14
ADR(20)1.16
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.63
Mansfield0.3
10 Day High48.89
10 Day Low45.72
20 Day High49.37
20 Day Low44.87
52 Week High55.29
52 Week Low33.88
CS1 End46.96
CR1 Start47.34
Volume & EV
DER(3)-0.51%
DER(5)-1.45%
Volume328.10K
Volume Incr-15.88%
Vol(5)283.44K
Vol(50)345.99K