CATHAY GENERAL BANCORP stock forecast: up to 35.64 USD CATY stock price prognosis

STOCK

Forecast for Fri 24 Nov 2023 price 35.88

CATHAY GENERAL BANCORP stock price forecast for further price development up to 10.66% (time horizon: 1 day) and price target of 35.64 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) CATHAY GENERAL BANCORP share price prediction for 2023-11-24 with daily closed price projections

Key Facts

Symbol CATY 

ISIN US1491501045 

CUSIP 149150104

Currency USD

Category State Commercial Banks

Forecast price change %

News sentiment (0.20)

News <--> Close correlation for next day influence (-0.02)

Finance numbers

Revenue 724,192,000.0

Earnings per share 3.20

Dividends 1.24

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Item 1.         Business. &# Cetera Financial Services and Cathay Bank are independent entities. xa0; Commercial Mortgage Loans. None of the employees are represented by a union. &# Our diversity makes us who we are. See “Anti-Money Laundering and OFAC Regulations” below.) &# See Item 1A. Risk Factors for a further discussion of risks related to cybersecurity. &# The costs associated with investigation or remediation activities could be substantial. The nature and impact of any future changes in monetary policies cannot be predicted. &# The findings of the supervisory initiatives will be included in reports of examination. xa0;   o Limitations on Deductions. However, such management tools have inherent limitations that impair their effectiveness. Virtually all of our assets and liabilities are monetary in nature. There are risks associated with any such expansion. xa0; In addition, our ability to grow may be limited if we cannot make acquisitions. These breaches can remain undetected for an extended period of time.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/861842/000143774921004299/0001437749-21-004299.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 91.14/100
    • Historical view, profit is not growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 115299
A - Dean Capital Management 2023-06-30 34041
A - Atria Wealth Solutions, Inc. 2023-03-31 6763
Front Row Advisors LLC 2023-03-31 54
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 83620

Fund ownership list is based on filling form information

Fund name Date Amount Profile
MML Series Investment Fund II 2023-06-30 30339 Long
MASSMUTUAL SELECT FUNDS 2023-06-30 7227 Long
Optimum Fund Trust 2023-06-30 47800 Long
WisdomTree Trust 2023-06-30 1089 Long
WisdomTree Trust 2023-06-30 1979 Long

Insider trading for CATHAY GENERAL BANCORP

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1185633 Tang Anthony M 2023-02-07 SALE Accept Accept Accept Accept
1186026 Wu Peter 2022-11-09 SALE Accept Accept Accept Accept
Assets / Liabilities

Bollinger Bollinger Bands for CATHAY GENERAL BANCORP can provide the information where the market is moving based on price information.

CATHAY GENERAL BANCORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns CATHAY GENERAL BANCORP.

On-Balance Volume information for CATHAY GENERAL BANCORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for CATHAY GENERAL BANCORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for CATHAY GENERAL BANCORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for CATHAY GENERAL BANCORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for CATHAY GENERAL BANCORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for CATHAY GENERAL BANCORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for CATHAY GENERAL BANCORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

52W High 52W Low Market Cap

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CATHAY GENERAL BANCORP on Nasdaq

CATHAY GENERAL BANCORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-11-10 35.64 2023-09-30 12:30
2023-11-08 35.59 2023-09-30 12:30
2023-11-02 35.48 2023-09-30 12:30
2023-10-18 35.23 2023-09-30 12:30
2023-10-10 35.02 2023-09-30 12:30
2023-10-13 35.14 2023-09-30 12:30
2023-10-24 35.29 2023-09-30 12:30
2023-10-16 35.19 2023-09-30 12:30
2023-10-17 35.21 2023-09-30 12:30
2023-10-23 35.27 2023-09-30 12:30
2023-10-11 35.08 2023-09-30 12:30
2023-10-12 35.18 2023-09-30 12:30
2023-10-19 35.21 2023-09-30 12:30
2023-11-09 35.62 2023-09-30 12:30
2023-10-25 35.30 2023-09-30 12:30
2023-10-26 35.35 2023-09-30 12:30
2023-11-06 35.54 2023-09-30 12:30
2023-11-07 35.56 2023-09-30 12:30
2023-10-30 35.40 2023-09-30 12:30
2023-10-31 35.43 2023-09-30 12:30
2023-11-01 35.45 2023-09-30 12:30
2023-11-16 35.74 2023-09-30 12:30
2023-11-15 35.71 2023-09-30 12:30
2023-11-13 35.67 2023-09-30 12:30
2023-11-14 35.69 2023-09-30 12:30
2023-11-17 35.76 2023-09-30 12:30
2023-10-03 34.82 2023-09-30 12:30
2023-10-04 34.85 2023-09-30 12:30
2023-10-05 34.83 2023-09-30 12:30
2023-10-06 34.92 2023-09-30 12:30
2023-10-20 35.27 2023-09-30 12:30
2023-10-27 35.38 2023-09-30 12:30
2023-11-03 35.51 2023-09-30 12:30
2023-11-20 35.79 2023-09-30 12:30
2023-11-21 35.81 2023-09-30 12:30
2023-11-22 35.84 2023-09-30 12:30
2023-11-23 35.86 2023-09-30 12:30
2023-10-09 34.95 2023-09-30 12:30
2023-11-24 35.88 2023-09-30 12:30

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.