Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 31.58% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Caterpillar is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Caterpillar is bullish.
The RSI indicator is at 59.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
3 Stocks That Are Overvalued
Tue, 21 Feb 2017 19:19:11 GMT
Boeing, Pfizer And Others Band Together To Ask Congress For More Taxes
Tue, 21 Feb 2017 18:28:58 GMT
CEOs of 16 U.S. companies urge Congress to pass border tax
Tue, 21 Feb 2017 16:30:30 GMT
Reuters – Chief executive officers of 16 companies, including Boeing Co, Caterpillar Inc and General Electric Co, have urged the U.S. Congress to pass a comprehensive tax code rewrite, including a controversial border tax. It was the latest move in a back-and-forth lobbying effort from companies over changes to the tax code.
Caterpillar to Participate in Barclays Industrial Select Conference 2017 on February 23; Webcast Available
Tue, 21 Feb 2017 14:00:00 GMT
PR Newswire – PEORIA, Ill., Feb. 21, 2016 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) Group President of Energy & Transportation Tom Pellette and Director of Investor Relations Amy Campbell will speak at Barclays Industrial …
CATERPILLAR INC Files SEC form 8-K, Regulation FD Disclosure
Fri, 17 Feb 2017 14:05:01 GMT
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