Technical Analysis for CAC - Camden National Corporation

Grade Last Price % Change Price Change
B 32.14 1.10% 0.35
CAC closed up 1.1 percent on Wednesday, May 8, 2024, on 49 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 21
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Fell Below 200 DMA Bearish 1.10%
Overbought Stochastic Strength 1.10%
Stochastic Sell Signal Bearish 0.19%
Upper Bollinger Band Walk Strength 0.19%
Gapped Up Strength 0.19%
Overbought Stochastic Strength 0.19%

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Profile

Camden National Corporation Description

Camden National Corporation operates as the holding company for Camden National Bank, which provides commercial and consumer banking products and services to the individuals, businesses, municipalities, non-profits, and commercial customers primarily in the State of Maine. The company offers various deposit products, including transaction accounts, demand deposits, interest checking, savings accounts, money market accounts, certificates of deposit, brokered deposits, and time deposits. Its loan products comprise single family and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer and home equity loans. As of May 29, 2013, the company operated a network of 49 banking offices in Maine. In addition, the company, through its subsidiary, Camden Financial Consultants, provides full-service brokerage and insurance services consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, Camden National Corporation, through its subsidiary, Acadia Trust, N.A., provides a range of trust and trust-related, investment, and wealth management services, as well as retirement and pension plan management services to individual and institutional clients. The company was founded in 1875 and is headquartered in Camden, Maine.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Deposit Products Real Estate Loans Demand Deposit Loan Products Wealth Management Services Business Loans Transaction Account Insurance Services Consumer Banking Products Service Broker Service Brokerage

Is CAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 38.7024
52 Week Low 25.8536
Average Volume 42,489
200-Day Moving Average 31.97
50-Day Moving Average 31.08
20-Day Moving Average 30.56
10-Day Moving Average 31.45
Average True Range 0.87
RSI (14) 58.85
ADX 19.75
+DI 26.59
-DI 17.00
Chandelier Exit (Long, 3 ATRs) 30.15
Chandelier Exit (Short, 3 ATRs) 31.24
Upper Bollinger Bands 32.89
Lower Bollinger Band 28.23
Percent B (%b) 0.84
BandWidth 15.27
MACD Line 0.32
MACD Signal Line 0.06
MACD Histogram 0.256
Fundamentals Value
Market Cap 468.15 Million
Num Shares 14.6 Million
EPS 2.97
Price-to-Earnings (P/E) Ratio 10.82
Price-to-Sales 2.92
Price-to-Book 0.95
PEG Ratio 0.00
Dividend 1.68
Dividend Yield 5.23%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.12
Resistance 3 (R3) 33.01 32.57 32.95
Resistance 2 (R2) 32.57 32.33 32.63 32.90
Resistance 1 (R1) 32.36 32.17 32.47 32.47 32.84
Pivot Point 31.92 31.92 31.98 31.98 31.92
Support 1 (S1) 31.71 31.68 31.82 31.82 31.44
Support 2 (S2) 31.27 31.52 31.33 31.38
Support 3 (S3) 31.06 31.27 31.33
Support 4 (S4) 31.17