Caterpillar's most recent trend suggests a bearish bias. One trading opportunity on Caterpillar is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 28.37% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $2.21 would be kept by the premium seller. The risk of $7.79 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Caterpillar is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Caterpillar is bearish.
The RSI indicator is at 37.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
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Wed, 19 Dec 2018 19:30:59 +0000
Major stock indexes gave early gains Wednesday after the Fed raised interest rates. In stock news today, shares of Facebook got slammed again.
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Wed, 19 Dec 2018 17:23:00 +0000
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Wed, 19 Dec 2018 15:41:00 +0000
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Caterpillar Announces Officer Changes
Wed, 19 Dec 2018 00:30:00 +0000
DEERFIELD, Ill. , Dec. 18, 2018 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) announced today that Zach Kauk , vice president of the Excavation Division, is leaving the company to pursue other opportunities. …
Ferreycorp S.A.A. — Moody's affirms Ferreycorp's Ba1 ratings, stable outlook
Tue, 18 Dec 2018 22:07:07 +0000
Moody's Investors Service, (“Moody's”) affirmed Ferreycorp S.A.A. (Ferreycorp)'s Ba1 corporate family rating and the Ba1 rating on its 4.875% USD 300M Senior Guaranteed Notes due 2020. The affirmation of Ferreycorp's Ba1 ratings reflect the company's solid credit profile and its long track record of stable operating performance, as evidenced by the company's well-balanced business between new unit sales and spare parts and services. The ratings are supported by the company's status as Caterpillar Inc.'s (CAT, rated A3, stable) sole distributor in Peru, Guatemala, El Salvador and Belize, which has helped the company to maintain its leading market positions in the construction and mining segments.
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