Chart pattern

CATY chart pattern — Cathay General Bancorp

1 formation detected on the latest close (Nov 06, 2026).

Ascending Channel · Weekly candles

BullishForming
CATY Ascending Channel on weekly chart
Last close$64.22
Trigger$69.96 (+8.9%)
Upper boundary$69.96
Lower boundary$59.42
Pattern spanFeb 13, 2026 → 38 bars
Touches5
Fit score71/100

A steady uptrend held between two parallel rising lines. Trigger: Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration. Invalidation: A sustained close below the lower rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.