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Stock Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Cathay General Bancorp (NASDAQ:CATY)

Long-Term Downtrend (-90) - CATY is in a strong downtrend that is likely to continue. While CATY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_CATY
Open High Low CATY Price Change
35.08 35.40 34.75 35.17 -0.33
Entry Signal

MarketClub’s Trade Triangles for CATY

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 36.60

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 35.95

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 34.95

Smart Scan Analysis for CATY

Based on our trend formula, CATY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CATY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.08 35.40 34.75 35.17 -0.33
Prev. Close Volume Bid Ask Time
35.20 121682 2024-06-14 15:59:58
Year High45.59Year High Date2018-01-24
Year Low35.73Year Low Date2018-10-24
52wk High45.7252wk High Date2023-12-27
52wk Low3152wk Low Date2023-06-23
Year End Close19.53Average Volume293,270
Shares Outstanding72,813Short Interest2,305,934
% Institutional62.7Market Cap2,802M
Assets234,048,030MLiabilities206,267,310M
P/E Ratio7.854Beta1.89
Volatility27.01
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