Geez, brutal day for Cato, investors dumped shares on the market and there weren't too many buyers interested in picking them up which causes price to plunge. Negative outlook for the company may continue to
hammer the stock. We'll see if we hit bottom here and get some buyers to come in fishing for value.
Currently CATO isn't at a clear support/resistance line that seems tradable. CATO has been bouncing around but hasn't taken a very clear direction over the last few months. So it doesn't have very much obvious momentum in either direction. CATO may hit some resistance around the 3.39 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail - Apparel & Specialty | 59 | -1.51 | -1.86983 | 4.29898 | 6.67051 | 0.984576 | 10.3425 | 51.4407 | -3.55187 | -4.77288 | -4.1861 | -9477.73 | -7500.89 | 27.9661 | 4.2373 | 6.37307 | 0.797288 |
| Consumer Cyclical | 262 | -1.12401 | -1.98126 | 2.51882 | 6.53439 | 3.63943 | 9.82771 | 50.3779 | 6.48271 | 3.76626 | 0.663855 | -9396.95 | -9336.88 | 16.3168 | 4.8664 | 5.57394 | 0.557443 |