CATERPILLAR INC (CAT) Stock Technical Analysis
NYSE:CAT - US1491231015 - Common Stock
435.67 USD
+17.78 (+4.25%)
435.51 USD
-0.16 (-0.04%)
We assign a technical rating of 9 out of 10 to CAT. Both in the recent history as in the last year, CAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
CAT is part of the Machinery industry. There are 127 other stocks in this industry. CAT outperforms 73% of them.
CAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CAT has an average volume of 2943290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CAT did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month CAT has a been trading in the 405.46 - 441.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CAT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
282.43
442.41
We found 4 important support areas.
- A support zone ranging from 415.31 to 422.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 399.19 to 407.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @301.29 from a trend line in the weekly time frame.
- Support @285.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 435.68 to 438.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAT is up. |
| ChartMill Relative Strength | 84.28 | POSITIVE | CAT has a high relative strength, it outperformed 84.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.66 | NEUTRAL | The RSI value for CAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests CAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.17 | NEUTRAL | The Stochastics value for CAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CAT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for CAT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
435.67
+17.78 (+4.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg4.25%
1 Week6.84%
2 Weeks4.6%
1 Month0.44%
3 Month26.87%
6 Month28.12%
12 Month25.05%
2 Year54.97%
3 Year135.87%
5 Year206.14%
10 Year469.95%
15 Year568.62%
Volatility
ATR(14)10.59
ATR(20)%2.37%
ATR Inc25.84%
Range Today17.79
ADR(20)9.61
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.28
Mansfield0.8
10 Day High437.84
10 Day Low405.46
20 Day High441.15
20 Day Low405.46
52 Week High441.15
52 Week Low267.3
CS1 End422.81
CR1 Start435.68
Volume & EV
DER(3)1.77%
DER(5)1.32%
Volume3.79M
Volume Incr6.96%
Vol(5)3.42M
Vol(50)2.94M