Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $197.50 short put and a strike $192.50 long put offers a potential 42.86% 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 $197.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $192.50 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 64.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
US STOCKS-S&P 500, Dow hit new highs; Big Tech struggles ahead of earnings
Mon, 25 Oct 2021 17:01:51 +0000
The S&P 500 hit a record high on Monday, led by Tesla and Paypal, while industrial bellwethers Caterpillar and 3M lifted the Dow to a new peak in the run-up to quarterly reports from big U.S. technology companies, whose shares struggled to gain. Caterpillar Inc and 3M Co rose 0.9% each ahead of their quarterly updates later this week.
Caterpillar's (NYSE:CAT) Rising Efficiency Should Provide some Peace of Mind
Mon, 25 Oct 2021 11:52:43 +0000
After a minor slump, fueled by turbulence in the Chinese market, Caterpillar's(NYSE: CAT) stock is attempting to rebound. Yet, the institutions are giving mixed signals ahead of the quarterly earnings call, scheduled for October 28. We, in turn, remain optimistic about the stock as its profitability outshines the industry's averages.
Caterpillar (CAT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Thu, 21 Oct 2021 19:02:07 +0000
Caterpillar (CAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
10 Stocks with Over 15 Years of Dividend Hikes
Thu, 21 Oct 2021 15:26:09 +0000
In this article, we take a look at 10 stocks with over 15 years of dividend hikes. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks with Over 15 Years of Dividend Hikes. There is more to dividend stocks than just their yields. There are a few […]
Gold giant becomes first to use self-driving trucks in mine but experiences bumpy transition
Wed, 20 Oct 2021 20:41:54 +0000
The Denver-based company is the first to use the technology in a gold mine and foresees major efficiencies…eventually.
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