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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 2024-07-23 View latest technical analysis

10 day averaged volume of Cathay General is 385886

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	43.30	41.50	43.79	41.37	1.681 times
22 Mon Jul 2024	43.02	41.90	43.20	41.54	0.939 times
19 Fri Jul 2024	42.00	42.67	43.37	41.85	1.409 times
18 Thu Jul 2024	42.69	42.87	43.86	42.50	1.468 times
17 Wed Jul 2024	43.15	42.08	43.56	42.08	0.982 times
16 Tue Jul 2024	42.52	41.01	42.71	40.95	1.283 times
15 Mon Jul 2024	40.56	40.06	41.22	39.87	0.962 times
12 Fri Jul 2024	39.38	39.94	40.04	39.38	0.687 times
11 Thu Jul 2024	39.45	38.69	39.72	38.40	0.986 times
10 Wed Jul 2024	37.92	36.96	37.92	36.63	0.727 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.8, but if it comes below 41.8, then a intra day sell could be more profitable.
If you take a sell trade below 41.8, then use 41.8 as stoploss and 39.16 as target. However if you take a buy trade in stock , then use 41.8 as stoploss and 44.9 as target.

Share price targets for Cathay General (CATY)

Target Type	Value
Downside Target	33.88
Downside Target	36.13
Downside Target	38.24
Downside Target	38.30
Downside Target	39.87
Downside Target	40.04
Downside Target	41.35
Downside Target	41.37
Upside Target	43.79
Upside Target	43.86

Intraday share price targets for Cathay General (CATY)

Target Type	Value
Downside Intraday Target	41.85
Downside Intraday Target	40.4
Upside Intraday Target	44.27
Upside Intraday Target	45.24
Downside Intraday Target	42.82

Weekly technical analysis of Cathay General (CATY)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	43.30	41.90	43.79	41.37	0.429 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
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

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
23 Tue Jul 2024	43.30	37.65	43.86	36.13	0.837 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 stronger in this stock.

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

CCI has generated a buy signal for Cathay General in short term and BUY signal is strong.

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 41.76 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.