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(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 2024-07-19 View latest technical analysis

10 day averaged volume of Cathay General is 340356

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	42.00	42.67	43.37	41.85	1.597 times
18 Thu Jul 2024	42.69	42.87	43.86	42.50	1.664 times
17 Wed Jul 2024	43.15	42.08	43.56	42.08	1.114 times
16 Tue Jul 2024	42.52	41.01	42.71	40.95	1.454 times
15 Mon Jul 2024	40.56	40.06	41.22	39.87	1.09 times
12 Fri Jul 2024	39.38	39.94	40.04	39.38	0.779 times
11 Thu Jul 2024	39.45	38.69	39.72	38.40	1.118 times
10 Wed Jul 2024	37.92	36.96	37.92	36.63	0.824 times
09 Tue Jul 2024	36.94	36.37	36.96	36.24	0.632 times
08 Mon Jul 2024	36.32	36.50	36.82	36.24	0.634 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.8, but if it comes below 40.8, then a intra day sell could be more profitable.
If you take a sell trade below 40.8, then use 40.8 as stoploss and 38.54 as target. However if you take a buy trade in stock , then use 40.8 as stoploss and 43.6 as target.

Share price targets for Cathay General (CATY)

Target Type	Value
Downside Target	33.88
Downside Target	36.12
Downside Target	37.94
Downside Target	38.24
Downside Target	38.30
Downside Target	39.87
Downside Target	40.04
Downside Target	41.35
Upside Target	43.86

Intraday share price targets for Cathay General (CATY)

Target Type	Value
Downside Intraday Target	39.96
Downside Intraday Target	37.92
Upside Intraday Target	43.95
Upside Intraday Target	45.9
Downside Intraday Target	41.91

Weekly technical analysis of Cathay General (CATY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	42.00	40.06	43.86	39.87	1.736 times
12 Fri Jul 2024	39.38	36.50	40.04	36.24	3.381 times
05 Fri Jul 2024	36.27	37.28	37.28	36.13	0.471 times
03 Wed Jul 2024	36.58	37.65	37.94	36.55	0.451 times
28 Fri Jun 2024	37.72	36.25	38.30	36.12	1.153 times

Price has moved up 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
19 Fri Jul 2024	42.00	37.65	43.86	36.13	0.695 times
28 Fri Jun 2024	37.72	37.22	38.30	34.75	1.344 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

Scroll below to view daily charts

Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cathay General ( (CATY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cathay General ( (CATY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cathay General stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Cathay General in short term and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 40.77 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.