Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 10.38% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $9.06 would be incurred if the stock dropped below the $115.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Caterpillar
International mining group lands headquarters in Phoenix
Thu, 19 Oct 2017 23:25:07 +0000
CMOC International, which operates metal and molybedenum mines in Brazil, Australia and the Democratic Republic of Congo, has landed its headquarters in Phoenix. CMOC is locating 100 corporate employees at a 25,000-square-foot office on Central Avenue in midtown Phoenix. CMOC International is an arm of China Molybdenum Co Ltd. or CMOC, which has a $20 billion market capitalization.
Coupa's Latest Buyout Enhances Fraud Detection Capabilities
Thu, 19 Oct 2017 14:12:02 +0000
Coupa's (COUP) Deep Relevance acquisition to improve its capability to save more for its clients by curbing fraud through the use of AI-based tools.
Stock Market News For Oct 19, 2017
Thu, 19 Oct 2017 14:00:02 +0000
IBM gives Dow a lift above 23,000 for the first time, while all other major stock benchmarks log fresh records.
Dividend Coverage: This Industrial Goods Company’s Dividend has more than Doubled since 2007; Will Trade Ex-Dividend on October 20, 2017
Thu, 19 Oct 2017 11:20:00 +0000
LONDON, UK / ACCESSWIRE / October 19, 2017 / Pro-Trader Daily takes a closer look at Caterpillar Inc. (NYSE: CAT ) as the Company's stock will begin trading ex-dividend on October 20, 2017. To capture …
This ex-Googler is bringing self-driving excavators to construction sites
Thu, 19 Oct 2017 04:00:00 +0000
Built Robotics has raised $15 million in a round led by NEA to do for construction equipment what Waymo is doing for automobiles.
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