CATERPILLAR INC (CAT) Stock Technical Analysis
USA - NYSE:CAT - US1491231015 - Common Stock
Taking everything into account, CAT scores 10 out of 10 in our technical rating. 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.
CAT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 553.43, a Stop Loss order could be placed below this zone.
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282.43
We found 4 important support areas.
- A support zone ranging from 548.57 to 553.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @513.90 from a horizontal line in the daily time frame.
- Support @483.61 from a trend line in the daily 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 570.49 to 585.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 91.02 | POSITIVE | CAT has a high relative strength, it outperformed 91.02% 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) | 62.38 | NEUTRAL | The RSI value for CAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.1 | NEGATIVE | The MACD value suggests CAT has a negative trend. |
| Stochastics (14,3) | 66.01 | NEUTRAL | The Stochastics value for CAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for CAT suggests some volalility. |
| Average Directional Index/ADX (14) | 38.55 | POSITIVE | The high ADX value value for CAT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 585.51 | 548.56 | 36.95 (6.31%) | 15.85% |
| An entry @585.51. This is a Buy Stop order right above the resistance zone. | An exit @548.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 36.95 points, which is 6.31%. | When investing 15.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
567.93
-2.92 (-0.51%)
CATERPILLAR INC / CAT FAQ
What is the ChartMill technical rating of CATERPILLAR INC (CAT) stock?
ChartMill assigns a technical rating of 10 / 10 to CAT.
What is the trend direction for CAT stock?
The current trend direction for CATERPILLAR INC (CAT) is Bullish.
What is the RSI signal for CAT stock?
CATERPILLAR INC (CAT) has an RSI value of 62.3816. This indicates that the stock is currently neutral.
What is the MACD signal for CAT stock?
The MACD indicator for CATERPILLAR INC (CAT) has a value of -1.09747, indicating a bearish trend.
What is the buy/sell signal for CATERPILLAR INC (CAT) stock?
The buy/sell signal for CATERPILLAR INC (CAT) is buy as both the short term and long term trends are positive.