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Stock Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

Cathay General Bancorp (NASDAQ:CATY)

Bull Market Weakness (+75) - CATY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CATY as it may be in the beginning stages 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.

NASDAQ_CATY
Open High Low CATY Price Change
23.32 23.64 23.32 23.63 +0.32
Entry Signal

MarketClub’s Trade Triangles for CATY

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 35.28

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2020 at 23.78

short term up The short-term trend has been UP since Oct 20th, 2020 at 23.63

Smart Scan Analysis for CATY

Based on our trend formula, CATY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CATY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.32 23.64 23.32 23.63 +0.32
Prev. Close Volume Bid Ask Time
23.06 45100 2020-10-21 11:41:01
Year High45.59Year High Date2018-01-24
Year Low35.73Year Low Date2018-10-24
52wk High38.9152wk High Date2019-12-20
52wk Low17.5852wk Low Date2020-03-23
Year End Close19.53Average Volume271,527
Shares Outstanding79,620Short Interest2,305,934
% Institutional62.7Market Cap2,802M
Assets192,670,370MLiabilities169,245,890M
P/E Ratio7.6358Beta1.89
Volatility27.01
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