(CATY) Cathay General complete technical analysis [charts+indicators] | Buy/Sell Cathay General | (CATY) share price targets
Complete technical analysis of Cathay General (CATY) by charts plus indicators, forecast predictions and share price targets for Cathay General (CATY)
Cathay General trades in USA in Finance sector.
Showing technical analysis as on 2024-06-21 View latest technical analysis
10 day averaged volume of Cathay General is 304580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 36.05 | 36.32 | 36.40 | 35.97 | 3.308 times |
| 20 Thu Jun 2024 | 36.34 | 35.94 | 36.56 | 35.94 | 0.865 times |
| 18 Tue Jun 2024 | 36.21 | 35.92 | 36.63 | 35.92 | 1.209 times |
| 18 Tue Jun 2024 | 36.21 | 35.92 | 36.63 | 35.92 | 1.209 times |
| 17 Mon Jun 2024 | 35.97 | 35.16 | 36.03 | 35.14 | 0.846 times |
| 14 Fri Jun 2024 | 35.20 | 35.08 | 35.40 | 34.75 | 0.666 times |
| 13 Thu Jun 2024 | 35.50 | 36.02 | 36.02 | 35.19 | 0.609 times |
| 12 Wed Jun 2024 | 36.14 | 36.34 | 36.71 | 35.82 | 1.021 times |
| 11 Tue Jun 2024 | 35.29 | 35.35 | 35.51 | 34.95 | 1.21 times |
| 10 Mon Jun 2024 | 35.69 | 36.15 | 36.15 | 35.52 | 1.273 times |
Stock of Cathay General (CATY) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 35.7 or till 35.2. Use a stoploss of 36.07 and if the stock hits stoploss, then it can shoot up till 36.47
Share price targets for Cathay General (CATY)
| Target Type | Value |
| Downside Target | 33.88 |
| Upside Target | 36.71 |
| Upside Target | 37.22 |
| Upside Target | 37.75 |
| Upside Target | 38.13 |
| Upside Target | 38.24 |
| Upside Target | 41.35 |
| Upside Target | 41.74 |
Intraday share price targets for Cathay General (CATY)
| Target Type | Value |
| Downside Intraday Target | 35.77 |
| Downside Intraday Target | 35.49 |
| Upside Intraday Target | 36.48 |
| Upside Intraday Target | 36.91 |
| Upside Intraday Target | 36.2 |
Weekly technical analysis of Cathay General (CATY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 36.05 | 35.92 | 36.63 | 35.92 | 2.619 times |
| 18 Tue Jun 2024 | 36.21 | 35.16 | 36.63 | 35.14 | 0.43 times |
| 14 Fri Jun 2024 | 35.20 | 36.15 | 36.71 | 34.75 | 0.949 times |
| 07 Fri Jun 2024 | 36.46 | 37.22 | 37.22 | 35.95 | 1.076 times |
| 31 Fri May 2024 | 36.84 | 36.35 | 37.22 | 35.28 | 1.529 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cathay General (CATY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 36.05 | 37.22 | 37.22 | 34.75 | 0.988 times |
| 31 Fri May 2024 | 36.84 | 34.71 | 38.24 | 34.46 | 0.633 times |
| 30 Tue Apr 2024 | 34.44 | 37.74 | 37.75 | 33.88 | 0.856 times |
| 28 Thu Mar 2024 | 37.83 | 38.87 | 41.35 | 36.60 | 1.672 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cathay General (CATY)
Price action analysis of Cathay General ( (CATY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cathay General ( (CATY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Cathay General ( (CATY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cathay General ( (CATY) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cathay General stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Cathay General in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cathay General Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cathay General in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cathay General is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.92 and Cathay General (CATY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Cathay General (CATY) stock. Volume based technical analysis of Cathay General (CATY) stock is negative.
Cathay General Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Cathay General ( (CATY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cathay General ( (CATY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Cathay General ( (CATY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cathay General ( (CATY) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cathay General stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Cathay General in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cathay General Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cathay General in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cathay General is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.92 and Cathay General (CATY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Cathay General (CATY) stock. Volume based technical analysis of Cathay General (CATY) stock is negative.
Cathay General Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.