CATERPILLAR INC (CAT) Stock Technical Analysis
NYSE:CAT - New York Stock Exchange, Inc. - US1491231015 - Common Stock - Currency: USD
Overall CAT gets a technical rating of 7 out of 10. In the last year, CAT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CAT has a been trading in the 336.24 - 364.29 range, which is quite wide. It is currently trading near the high of this range.
CAT has an average volume of 2925970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CAT outperforms 68% of them, which is more or less in line with the market.
CAT is part of the Machinery industry. There are 128 other stocks in this industry, CAT did better than 61% of them.
CAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAT is lagging the market.
Although CAT has an excellent technical rating, the quality of the presented setup is not ideal 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
421.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 340.44 to 343.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @294.68 from a trend line in the weekly time frame.
- Support @285.28 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @363.15 from a horizontal line in the daily time frame.
- Resistance @390.55 from a trend line in the daily time frame.
- A resistance zone ranging from 402.02 to 407.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @416.88 from a horizontal line in the daily time frame.
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 | 68.17 | NEUTRAL | CAT is not amongst the best or worst performers 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) | 66.62 | NEUTRAL | The RSI value for CAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CAT has a positive trend. |
| Stochastics (14,3) | 92.07 | OVERBOUGHT | The high Stochastics value suggests CAT may be overbought. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for CAT suggests low volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for CAT suggests a strong 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)
360.96
-2.18 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.6%
1 Week3.44%
2 Weeks2.61%
1 Month3.23%
3 Month6.28%
6 Month-5.14%
12 Month12.28%
2 Year46.7%
3 Year101.92%
5 Year185.34%
10 Year325.56%
15 Year500.9%
Volatility
ATR(14)6.27
ATR(20)%1.68%
ATR Inc-8.76%
Range Today4.13
ADR(20)5.47
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.17
Mansfield-0.33
10 Day High364.29
10 Day Low339.5
20 Day High364.29
20 Day Low336.24
52 Week High418.5
52 Week Low267.3
CS1 End343.38
CR1 Start363.15
Volume & EV
DER(3)-1.37%
DER(5)-2.12%
Volume1.57M
Volume Incr-21.38%
Vol(5)1.95M
Vol(50)2.93M