Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $212.50 short put and a strike $207.50 long put offers a potential 19.05% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $212.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $207.50 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 77.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Caterpillar (CAT) Up 17.1% Since Last Earnings Report: Can It Continue?
Sun, 28 Feb 2021 16:30:04 +0000
Caterpillar (CAT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
U.S. Infrastructure Needs Build Strong Case for Caterpillar Stock
Sat, 27 Feb 2021 00:37:00 +0000
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Robert Olstein's Top Trades of the 4th Quarter
Fri, 26 Feb 2021 20:40:53 +0000
Guru sells Greenbrier Companies, buys Quest Diagnostics
Dow Tops 32,000 for the First Time: 5 Best Stocks in the ETF
Thu, 25 Feb 2021 17:15:05 +0000
While the S&P 500 and the Nasdaq Composite Index have been taking a hit from the tech and high-growth sell-offs, Dow Jones is roaring higher with cyclical sectors back in favor.
Caterpillar Stock Outperforms Market, Relative Strength Rating Jumps To 81
Wed, 24 Feb 2021 19:14:00 +0000
The stock of heavy equipment maker Caterpillar on Wednesday got an upgrade to its Relative Strength (RS) Rating, from 78 to 81. The increase is significant because it puts CAT into the top tier of growth stocks, making it a watchlist candidate. An 81 RS Rating means that Caterpillar is outperforming 81% of all stocks on key metrics.
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