Camden National (US:CAC) ZACKS·2025-12-19 15:55Core Viewpoint - Camden National Corporation (CAC) is showing strong technical indicators, particularly a "golden cross," which suggests a potential bullish breakout for investors [1]. Technical Analysis - CAC's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a bullish trend [1]. - A golden cross is characterized by a short-term moving average surpassing a long-term moving average, typically leading to stronger breakouts [1]. Market Performance - CAC has experienced a significant price increase of 21.6% over the last four weeks, indicating strong upward momentum [3]. - The company currently holds a 2 (Buy) rating on the Zacks Rank, reflecting positive market sentiment [3]. Earnings Outlook - There have been no cuts to earnings estimates for the current quarter, with two revisions higher in the past 60 days, suggesting a positive earnings outlook [3]. - The Zacks Consensus Estimate for earnings has also increased, further supporting the bullish case for CAC [3]. Investment Consideration - Given the technical indicators and positive earnings revisions, investors are encouraged to consider adding CAC to their watchlist [5].