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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 2024-05-17 View latest technical analysis

10 day averaged volume of Cathay General is 213941

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	37.91	38.18	38.18	37.80	1.55 times
16 Thu May 2024	38.09	37.83	38.14	37.80	0.831 times
15 Wed May 2024	38.04	38.15	38.24	37.52	0.854 times
14 Tue May 2024	37.71	37.76	37.76	37.31	0.715 times
13 Mon May 2024	37.29	37.92	37.94	37.25	0.774 times
10 Fri May 2024	37.66	37.59	37.76	37.32	1.114 times
09 Thu May 2024	37.64	37.03	37.68	36.90	1.202 times
08 Wed May 2024	37.17	36.28	37.28	36.28	1.087 times
07 Tue May 2024	36.77	36.96	37.19	36.68	0.985 times
06 Mon May 2024	36.86	36.57	37.17	36.48	1.092 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.7, but if it comes below 37.7, then a intra day sell could be more profitable.
If you take a sell trade below 37.7, then use 37.7 as stoploss and 36.44 as target. However if you take a buy trade in stock , then use 37.7 as stoploss and 39.1 as target.

Share price targets for Cathay General (CATY)

Target Type	Value
Downside Target	33.88
Downside Target	36.07
Downside Target	37.75
Downside Target	37.76
Upside Target	38.13
Upside Target	38.24
Upside Target	40.78
Upside Target	41.35
Upside Target	41.74
Upside Target	45.12

Intraday share price targets for Cathay General (CATY)

Target Type	Value
Downside Intraday Target	37.36
Downside Intraday Target	36.81
Upside Intraday Target	38.35
Upside Intraday Target	38.79
Downside Intraday Target	37.8

Weekly technical analysis of Cathay General (CATY)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	37.91	37.92	38.24	37.25	0.862 times
10 Fri May 2024	37.66	36.57	37.76	36.28	0.703 times
03 Fri May 2024	36.45	35.14	36.57	34.42	0.675 times
26 Fri Apr 2024	35.04	36.00	36.81	33.88	1.317 times
19 Fri Apr 2024	36.00	35.33	36.07	34.23	1.114 times

Price has moved up 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
17 Fri May 2024	37.91	34.71	38.24	34.46	0.353 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
29 Thu Feb 2024	39.05	41.46	41.74	38.13	0.924 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 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 BUY. Signal strength is Strong and stock is gaining 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 SELL signal in short term but selling is losing 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 37.51 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.