CATY NEWS why is Cathay General Bancorp price falling or rising

CATY NEWS reasons for why stock price of Cathay General Bancorp is falling or rising

CATY Cathay General is falling or rising technical reasons

Technical analysis forecast for Cathay General Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cathay General CATY at this time. Stock is falling and might fall more.

It appears as if Cathay General CATY gave a large move recently.

Stock of Cathay General (CATY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Cathay General is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.7, for a target of 46.3 or 46.86

CATY Cathay General is falling or rising NEWS fundamental reasons

More announcements and NEWS

CATY Cathay General Bancorp current price & indicator signals

Moving Averages for Cathay General Bancorp

  • 5Day Average: 46.59
  • 12Day Average: 46.66
  • 20Day Average: 46.9
  • 50Day Average: 47.43
  • 100Day Average: 47.37
  • 150Day Average: 45.79
  • 200Day Average: 43.63

CATY Indicators & signals

Indicator MACD (12,26,9)

46.65, 47, -0.33
Indicator MACD is in negative zone

Indicator ADX (14)

13.51, 14.68, 19.27
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CATY Cathay General Bancorp are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Feb 2025 45.86 45.65 to 46.88 -1.38% 1.4 times
20 Thu Feb 2025 46.50 45.73 to 46.76 -0.79% 0.96 times
19 Wed Feb 2025 46.87 46.31 to 47.02 0% 0.93 times
19 Wed Feb 2025 46.87 46.31 to 47.02 0% 0.93 times
18 Tue Feb 2025 46.87 46.13 to 47.12 0.62% 1.14 times
14 Fri Feb 2025 46.58 46.30 to 47.33 -0.02% 0.69 times
13 Thu Feb 2025 46.59 45.79 to 46.61 1.59% 0.91 times
12 Wed Feb 2025 45.86 45.85 to 46.77 -2.69% 1.04 times
11 Tue Feb 2025 47.13 45.66 to 47.15 1.66% 0.99 times
10 Mon Feb 2025 46.36 46.32 to 46.93 -0.88% 1.05 times
07 Fri Feb 2025 46.77 46.51 to 47.51 -1.74% 1.36 times
06 Thu Feb 2025 47.60 46.86 to 47.71 0.93% 0.94 times

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CATY NEWS why is Cathay General Bancorp price falling or rising

 

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