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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 2024-04-03 View latest technical analysis

10 day averaged volume of Cathay General is 540330

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	36.39	36.41	36.88	36.18	0.485 times
02 Tue Apr 2024	36.68	36.60	36.94	36.30	0.792 times
01 Mon Apr 2024	36.91	37.74	37.75	36.74	0.713 times
28 Thu Mar 2024	37.83	38.02	38.43	37.67	1.586 times
27 Wed Mar 2024	38.24	37.34	38.25	37.34	1.093 times
26 Tue Mar 2024	37.30	37.69	37.69	37.02	0.589 times
25 Mon Mar 2024	37.38	37.31	37.78	37.01	1.455 times
22 Fri Mar 2024	37.02	39.03	39.03	36.78	1.006 times
21 Thu Mar 2024	38.85	38.39	39.09	38.39	0.581 times
20 Wed Mar 2024	38.25	36.60	38.65	36.60	1.206 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.9, but if it comes above 36.9, then a intra day buy could be more profitable.
If you take a sell trade below 36.9, then use 36.9 as stoploss and 35.3 as target. However if you take a buy trade in stock , then use 36.9 as stoploss and 38.28 as target.

Share price targets for Cathay General (CATY)

Target Type	Value
Downside Target	36.17
Upside Target	38.56
Upside Target	39.09
Upside Target	40.59
Upside Target	40.78
Upside Target	41.35
Upside Target	41.74
Upside Target	45.12
Upside Target	45.72

Intraday share price targets for Cathay General (CATY)

Target Type	Value
Downside Intraday Target	35.8
Downside Intraday Target	35.2
Upside Intraday Target	37.37
Upside Intraday Target	38.34
Upside Intraday Target	36.77

Weekly technical analysis of Cathay General (CATY)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	36.39	37.74	37.75	36.18	0.422 times
28 Thu Mar 2024	37.83	37.31	38.43	37.01	1.032 times
22 Fri Mar 2024	37.02	37.87	39.09	36.60	0.754 times
15 Fri Mar 2024	37.82	40.22	40.59	37.49	2.492 times
08 Fri Mar 2024	40.53	39.20	41.35	38.56	1.198 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
03 Wed Apr 2024	36.39	37.74	37.75	36.18	0.11 times
28 Thu Mar 2024	37.83	38.87	41.35	36.60	1.672 times
29 Thu Feb 2024	39.05	41.46	41.74	38.13	0.924 times
31 Wed Jan 2024	41.17	44.07	45.12	40.78	0.91 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Cathay General Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Cathay General in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Cathay General is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.57 and Cathay General (CATY) stock is trading below this level. This means that stock is falling with high volumes. 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 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.