Technical Analysis for CAC - Camden National Corporation
|Grade||Last Price||% Change||$ Change|
CAC closed up 0.9 percent on Friday, March 24, 2017, on 60 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Down||Down|
|See historical CAC trend table...|
|Date||Alert Name||Type||% Chg|
|Mar 24||50 DMA Resistance||Bearish||0.00%|
|Mar 24||200 DMA Support||Bullish||0.00%|
|Mar 23||Upside 200 DMA Break||Bullish||0.90%|
|Mar 23||Stochastic Reached Oversold||Other||0.90%|
|Mar 23||Bollinger Band Squeeze||Range Contraction||0.90%|
|Mar 23||Lower Bollinger Band Walk||Other||0.90%|
|Mar 22||Downside 200 DMA Break||Bearish||1.39%|
|Mar 22||Bollinger Band Squeeze||Range Contraction||1.39%|
|Mar 21||Fell Below 50 DMA||Bearish||-0.74%|
|Mar 21||Bollinger Band Squeeze||Range Contraction||-0.74%|
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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.
Is CAC a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more CAC news...
|52 Week High||47.98|
|52 Week Low||29.28|
|200-Day Moving Average||41.2676|
|50-Day Moving Average||42.1566|
|20-Day Moving Average||42.4215|
|10-Day Moving Average||42.427|
|Average True Range||1.017|
|Chandelier Exit (Long, 3 ATRs)||40.869|
|Chandelier Exit (Short, 3 ATRs)||43.751|
|Upper Bollinger Band||43.7809|
|Lower Bollinger Band||41.0621|
|Percent B (%b)||0.22|