Caterpillar Inc (CATR.PA) Stock Technical Analysis
EPA:CATR • US1491231015
We assign a technical rating of 9 out of 10 to CATR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CATR is showing a nice and steady performance.
- Warning: CATR has an average volume of 70 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, CATR did better than 96% of all other stocks. We also observe that the gains produced by CATR over the past year are nicely spread over this period.
- CATR is one of the better performing stocks in the Machinery industry, it outperforms 92% of 109 stocks in the same industry.
- CATR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CATR is lagging the market slightly.
- In the last month CATR has a been trading in the 306.00 - 342.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CATR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 314.99, a Stop Loss order could be placed below this zone.
More info and screens
211.86
We found 3 important support areas.
- A support zone ranging from 311.99 to 314.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 248.46 to 249.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @214.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 328.76 to 329.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 348.01 to 349.01. 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 CATR.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CATR.PA is neutral. |
| ChartMill Relative Strength | 96.39 | POSITIVE | CATR.PA has a high relative strength, it outperformed 96.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CATR.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CATR.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CATR.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.46 | NEUTRAL | The RSI value for CATR.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CATR.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.53 | NEUTRAL | The Stochastics value for CATR.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for CATR.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.69 | POSITIVE | The high ADX value value for CATR.PA suggests a strong trend. |
EPA:CATR (5/27/2024, 7:00:00 PM)
327
-1.5 (-0.46%)
Caterpillar Inc / CATR.PA FAQ
What is the ChartMill technical rating of Caterpillar Inc (CATR.PA) stock?
ChartMill assigns a technical rating of 9 / 10 to CATR.PA.
What is the current trend direction of Caterpillar Inc (CATR.PA) stock?
The current trend direction for Caterpillar Inc (CATR.PA) is Bullish.
What is the RSI signal for CATR stock?
Caterpillar Inc (CATR.PA) has an RSI value of 49.4594. This indicates that the stock is currently neutral.
What is the MACD signal for Caterpillar Inc (CATR.PA) stock?
The MACD indicator for Caterpillar Inc (CATR.PA) has a value of 0.125525, indicating a bearish trend.
Can you provide the support and resistance levels for Caterpillar Inc?
Caterpillar Inc (CATR.PA) has a support level at 314.99 and a resistance level at 328.76. Check the full technical report for our detailed analysis of CATR.PA support and resistance levels.