Firstly, as of today (2019-07-15) we’ve determined the following resources to be extremely useful for Cathay General Bancorp investors – we recommend taking a look. Take your time with the following:
Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-CATY-investors (this is a fantastic tool – use this to analyze Cathay General Bancorp in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-CATY-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-CATY-investors
Trader HR: https://logistics-business-review.com/traderHR-for-CATY-investors
REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Cathay General Bancorp ($CATY) has been trading over the last 2 weeks and the past day especially. On its latest session, Cathay General Bancorp ($CATY) opened at 35.43, reaching a high of 35.88 and a low of 35.37 before closing at a price of 35.77. There was a total volume of 306309.
VOLUME INDICATORS: We saw an accumulation-distribution index of 546.99467, an on-balance volume of -35.33, chaikin money flow of 1.26667 and a force index of 0.0954. There was an ease of movement rating of 0.00072, a volume-price trend of -0.04861 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.48838, bolinger bands of 35.99167, an upper bollinger band of 34.06833, lower bollinger band of 35.37, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 35.56, high band keltner channel of 35.11, low band keltner channel of 36.01, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 35.37, a donchian channel low band of 35.37, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.01526, a MACD signal of -0.00848, a MACD difference of -0.00678, a fast Exponential Moving Average (EMA) indicator of 35.37, a slow Exponential Moving Average (EMA) indicator of 35.37, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.41995, a trix of 0.72796, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 0.09087, a KST Oscillator (KST) of -2.56246 and a KST Oscillator (KST Signal) of -2.56246 (leaving a KST difference of -4.79402). We also found an Ichimoku rating of 35.655, an Ichimoku B rating of 35.655, a Ichimoku visual trend A of 35.70665, an Ichimoku visual trend B of 35.5035, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.18726, a True Strength Index (TSI) of -100.0, an ultimate oscillator of 50.0, a stochastic oscillator of 113.33333, a stochastic oscillator signal of 113.33333, a Williams %R rating of 13.33333 and an awesome oscillator of 0.01684.
RETURNS: There was a daily return of -0.25625, a daily log return of -1.94125 and a cumulative return of -1.92253.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Cathay General Bancorp ($CATY)…
For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Cathay General Bancorp, we strongly advise Cathay General Bancorp investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Cathay General Bancorp – without this you are trading blind:
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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Cathay General Bancorp ($CATY) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.