Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Cathay General Bancorp (NASDAQ:CATY)
Strong Downtrend (-100) - CATY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CATY continues to fall. 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CATY
The long-term trend has been DOWN since Apr 2nd, 2024 at 36.60
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 38.17
The short-term trend has been DOWN since Apr 23rd, 2024 at 34.42
Smart Scan Analysis for CATY
Based on our trend formula, CATY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.040 | 35.255 | 34.615 | 34.810 | -0.720 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.530 | 112100 | 2024-04-25 13:22:10 |
| 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 | 400,618 |
| 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 | 7.3107 | Beta | 1.89 |
| Volatility | 27.01 |