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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Cathay General Bancorp (NASDAQ:CATY)
Bear Market Rally (-75) - CATY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CATY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CATY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CATY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CATY
The long-term trend has been DOWN since Apr 2nd, 2024 at 36.600
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 38.170
The short-term trend has been UP since Apr 19th, 2024 at 35.185
Smart Scan Analysis for CATY
Based on our trend formula, CATY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.54 | 36.07 | 34.54 | 36.04 | +1.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.66 | 164800 | 2024-04-19 15:59:31 |
| Year High | 45.59 | Year High Date | 2018-01-24 |
| Year Low | 35.73 | Year Low Date | 2018-10-24 |
| 52wk High | 45.72 | 52wk High Date | 2023-12-27 |
| 52wk Low | 27.24 | 52wk Low Date | 2023-05-04 |
| Year End Close | 19.53 | Average Volume | 408,787 |
| Shares Outstanding | 72,670 | Short Interest | 2,305,934 |
| % Institutional | 62.7 | Market Cap | 2,802M |
| Assets | 230,815,340M | Liabilities | 203,449,590M |
| P/E Ratio | 7.1317 | Beta | 1.89 |
| Volatility | 27.01 |