On November 19, 2024 Cathay General Bancorp had Accumulation Distribution of 2805.59. The accumulation distribution (A/D) indicator shows the degree to which Cathay General is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Cathay General Bancorp to determine if accumulation or reduction is taking place in the market. This value is adjusted by Cathay General trading volume to give more weight to distributions with higher volume over lower volume.
On November 20 2024 Cathay General Bancorp was traded for 50.42 at the closing time. The top price for the day was 50.82 and the lowest listed price was 50.10 . The trading volume for the day was 228.6 K. The trading history from November 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.43% . The overall trading delta against the current closing price is 5.19% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
For every potential investor in Cathay, whether a beginner or expert, Cathay General's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cathay Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cathay. Basic forecasting techniques help filter out the noise by identifying Cathay General's price trends.
Cathay General Bancorp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cathay General's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cathay General's current price.
Market strength indicators help investors to evaluate how Cathay General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay General shares will generate the highest return on investment. By undertsting and applying Cathay General stock market strength indicators, traders can identify Cathay General Bancorp entry and exit signals to maximize returns.
The analysis of Cathay General's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cathay General's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cathay stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.