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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 2024-12-13 View latest technical analysis

10 day averaged volume of Cathay General is 291192

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	50.57	50.93	51.09	50.21	1.02 times
12 Thu Dec 2024	50.95	51.23	52.43	50.84	0.854 times
11 Wed Dec 2024	51.27	51.74	52.14	50.91	1.704 times
10 Tue Dec 2024	51.00	50.91	51.64	50.10	0.917 times
09 Mon Dec 2024	50.93	51.90	52.00	50.89	1.047 times
26 Tue Nov 2024	52.92	53.63	53.86	52.89	0.835 times
26 Tue Nov 2024	52.92	53.63	53.86	52.89	0.835 times
25 Mon Nov 2024	53.85	53.61	55.29	53.25	1.387 times
22 Fri Nov 2024	52.81	51.81	52.98	51.60	0.93 times
21 Thu Nov 2024	51.51	50.99	52.08	50.82	0.705 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.8, but if it comes above 50.8, then a intra day buy could be more profitable.
If you take a sell trade below 50.8, then use 50.8 as stoploss and 49.7 as target. However if you take a buy trade in stock , then use 50.8 as stoploss and 51.71 as target.

Share price targets for Cathay General (CATY)

Target Type	Value
Downside Target	37.97
Downside Target	40.38
Downside Target	44.64
Downside Target	47.66
Downside Target	50.10
Upside Target	52.43
Upside Target	52.89
Upside Target	52.98
Upside Target	53.86
Upside Target	54.07
Upside Target	55.29

Intraday share price targets for Cathay General (CATY)

Target Type	Value
Downside Intraday Target	49.64
Downside Intraday Target	48.7
Upside Intraday Target	51.97
Upside Intraday Target	53.36
Upside Intraday Target	51.03

Weekly technical analysis of Cathay General (CATY)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	50.57	51.90	52.43	50.10	6.636 times
26 Tue Nov 2024	52.92	53.63	53.86	52.89	0.376 times
26 Tue Nov 2024	52.92	53.61	55.29	52.89	0.536 times
22 Fri Nov 2024	52.81	51.78	52.98	50.43	0.759 times
15 Fri Nov 2024	51.78	52.00	54.07	51.19	0.745 times

Price has moved down 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
13 Fri Dec 2024	50.57	51.90	52.43	50.10	0.267 times
26 Tue Nov 2024	52.92	46.37	55.29	45.04	1.129 times
31 Thu Oct 2024	45.98	42.69	47.66	41.08	0.797 times
30 Mon Sep 2024	42.95	43.76	44.64	40.38	1.089 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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

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 51.89 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.