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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Cathay General Bancorp (NASDAQ:CATY)

Sidelines Mode (-55) - CATY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
47.64 48.64 47.50 48.44 +0.31
Entry Signal

MarketClub’s Trade Triangles for CATY

long term up The long-term trend has been UP since Jul 11th, 2024 at 38.3000

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 50.4266

short term up The short-term trend has been UP since Dec 26th, 2024 at 48.2900

Smart Scan Analysis for CATY

Based on our trend formula, CATY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CATY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.64 48.64 47.50 48.44 +0.31
Prev. Close Volume Bid Ask Time
48.13 86449 2024-12-26 15:01:44
Year High45.59Year High Date2018-01-24
Year Low35.73Year Low Date2018-10-24
52wk High55.2952wk High Date2024-11-25
52wk Low33.8852wk Low Date2024-04-23
Year End Close19.53Average Volume392,313
Shares Outstanding71,199Short Interest2,305,934
% Institutional62.7Market Cap2,802M
Assets232,744,430MLiabilities204,441,300M
P/E Ratio12.1234Beta1.89
Volatility27.01
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