Technical Analysis for CATY - Cathay General Bancorp

Grade Last Price % Change Price Change
A 42.37 3.87% 1.58
CATY closed up 3.87 percent on Thursday, May 13, 2021, on 1.97 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical CATY trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
50 DMA Resistance Bearish 3.87%
Fell Below 20 DMA Bearish 3.87%
Expansion Pivot Sell Setup Bearish Swing Setup 3.87%
Cup with Handle Other 3.87%
Older End-of-Day Signals for CATY ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Upper Bollinger Band Resistance about 12 hours ago
Rose Above Upper Bollinger Band about 12 hours ago
60 Minute Opening Range Breakout about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
2x Volume Pace about 17 hours ago
View Earlier Intraday Alerts

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Profile

Cathay General Bancorp Description

Cathay General Bancorp operates as the holding company for Cathay Bank, which offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses in the United States. Its deposit products comprise passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, college certificates of deposit, and public funds deposits. The company's loan portfolio consists of commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, equity lines of credit, and installment loans to individuals for automobile, household, and other consumer expenditures. In addition, the company provides trade financing, letters of credit, wire transfers, forward currency spot and forward contracts, traveler's checks, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up windows, automatic teller machines, Internet banking, and other customary bank services. As of April 16, 2013, it had 31 branches in California; 8 branches in New York State; 1 branch in Massachusetts; 2 branches in Texas; 3 branches in Washington State; 3 branches in Illinois; 1 branch in New Jersey; 1 branch in Hong Kong; and a representative office in Shanghai and in Taipei. The company was founded in 1990 and is based in Los Angeles, California.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Deposit Products Commercial Banking Currency Commercial Bank Individual Retirement Accounts Internet Banking Banks Real Estate Construction Open Bank Forward Contract Real Estate Construction Loans Passbook Trade Financing Bank By Mail Customary Bank Services

Is CATY 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 45.19
52 Week Low 20.59
Average Volume 346,753
200-Day Moving Average 32.11
50-Day Moving Average 41.59
20-Day Moving Average 41.13
10-Day Moving Average 41.60
Average True Range 1.25
ADX 8.52
+DI 16.76
-DI 13.75
Chandelier Exit (Long, 3 ATRs ) 39.09
Chandelier Exit (Short, 3 ATRs ) 42.37
Upper Bollinger Band 42.70
Lower Bollinger Band 39.56
Percent B (%b) 0.89
BandWidth 7.63
MACD Line 0.22
MACD Signal Line 0.15
MACD Histogram 0.0655
Fundamentals Value
Market Cap 3.38 Billion
Num Shares 79.7 Million
EPS 2.82
Price-to-Earnings (P/E) Ratio 15.02
Price-to-Sales 4.09
Price-to-Book 1.02
PEG Ratio 2.08
Dividend 1.24
Dividend Yield 2.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.27
Resistance 3 (R3) 45.03 43.84 44.78
Resistance 2 (R2) 43.84 43.10 43.95 44.62
Resistance 1 (R1) 43.10 42.64 43.47 43.34 44.46
Pivot Point 41.91 41.91 42.09 42.02 41.91
Support 1 (S1) 41.17 41.17 41.54 41.41 40.28
Support 2 (S2) 39.98 40.71 40.09 40.12
Support 3 (S3) 39.24 39.98 39.96
Support 4 (S4) 39.48