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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 2024-08-06 View latest technical analysis

10 day averaged volume of Cathay General is 402680

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	40.07	39.78	40.62	39.78	0.711 times
05 Mon Aug 2024	39.83	38.72	40.18	37.97	0.933 times
02 Fri Aug 2024	40.55	40.62	41.29	39.91	1.028 times
01 Thu Aug 2024	42.30	44.27	44.46	41.79	0.888 times
31 Wed Jul 2024	44.32	44.19	45.32	43.68	0.767 times
30 Tue Jul 2024	44.24	43.93	44.60	43.75	0.586 times
29 Mon Jul 2024	43.99	45.21	45.21	43.86	0.987 times
26 Fri Jul 2024	45.24	45.18	45.88	44.79	0.691 times
25 Thu Jul 2024	44.97	43.47	45.37	43.24	1.251 times
24 Wed Jul 2024	43.22	43.28	44.17	42.67	1.259 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 37.7 as target. However if you take a buy trade in stock , then use 40.1 as stoploss and 42.14 as target.

Share price targets for Cathay General (CATY)

Target Type	Value
Downside Target	33.88
Downside Target	36.13
Downside Target	37.75
Downside Target	39.87
Downside Target	40.04
Upside Target	40.62
Upside Target	41.37
Upside Target	43.86
Upside Target	44.46
Upside Target	45.32
Upside Target	45.88

Intraday share price targets for Cathay General (CATY)

Target Type	Value
Downside Intraday Target	38.49
Downside Intraday Target	36.9
Upside Intraday Target	41.14
Upside Intraday Target	42.2
Downside Intraday Target	39.55

Weekly technical analysis of Cathay General (CATY)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	40.07	38.72	40.62	37.97	0.386 times
02 Fri Aug 2024	40.55	45.21	45.32	39.91	0.745 times
26 Fri Jul 2024	45.24	41.90	45.88	41.37	0.977 times
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

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cathay General (CATY)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	40.07	44.27	44.46	37.97	0.175 times
31 Wed Jul 2024	44.32	37.65	45.88	36.13	1.149 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

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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cathay General in short term but the sell signal is initial and weak.

Cathay General Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Cathay General in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 42.87 and Cathay General (CATY) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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