Catuity

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Trading for Catuity highlights the commitment of buyers to carry positions overnight.

Trading for Catuity highlights the commitment of buyers to carry positions overnight.

[BULLISH]: Catuity buyers are in control at the market close. This is the first day of buyer commitment for Catuity adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 4 trading days with the closing price in the upper part of the range giving a confirmation ratio of 1.5%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 33.3%. Currently this quarter, closing price has spent 4 days in the upper price range compared to 3 days in the lower range giving a ratio of 1.3x.

Catuity: Rate of Change (14)

Catuity: Rate of Change (14)

[BEARISH]: Catuity currently has negative rate of change of -4.478%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Open/close reversal: Sellers have lost control during the trading day for CAT

[BULLISH]: Catuity opened in the upper part of daily range at 85.7% & closed in the upper part of the trading range at 71.4%. This suggests the sellers have lost control. Over the last 12 months there has been 2 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 16.7%.

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