Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $139.00 short put and a strike $134.00 long put offers a potential 11.11% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $139.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $134.00 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 58.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Sealed Air Hikes Prices in EMEA to Combat Escalating Costs
Wed, 06 Dec 2017 13:38:01 +0000
Sealed Air's (SEE) price hike on Food Care products in EMEA expected to help counter raw material price increases stemming from the highly uncertain upstream market activity in the region.
See what the IHS Markit Score report has to say about Caterpillar Inc.
Wed, 06 Dec 2017 13:00:35 +0000
Caterpillar Inc NYSE:CAT
How and Why Deere & Company Stock Crushed It in November
Wed, 06 Dec 2017 12:44:00 +0000
The company's core North American agricultural end markets are starting to turn up.
Caterpillar, Inc. :CAT-US: Earnings Analysis: Q3, 2017 By the Numbers : December 5, 2017
Tue, 05 Dec 2017 14:24:30 +0000
Categories: Yahoo FinanceGet free summary analysis Caterpillar, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Caterpillar, Inc. – Deere & Company, Cummins Inc., CNH Industrial NV, Komatsu Ltd. Sponsored ADR, Astec Industries, Inc. and General Electric Company (DE-US, CMI-US, CNHI-US, KMTUY-US, ASTE-US and GE-US) … Read more
(Read more…)
Deere (DE) Hits 52-Week High: What's Driving the Stock?
Tue, 05 Dec 2017 13:50:01 +0000
A bullish fiscal 2018 outlook and expected benefits from the recently closed Wirtgen acquisition boosted investors' confidence and catapulted Deere & Company (DE) shares to a new 52-week high.
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