Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $215.00 short put and a strike $210.00 long put offers a potential 65.02% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $1.97 would be kept by the premium seller. The risk of $3.03 would be incurred if the stock dropped below the $210.00 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 38.49 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Caterpillar
Caterpillar (CAT) Outpaces Stock Market Gains: What You Should Know
Wed, 30 Jun 2021 21:45:09 +0000
In the latest trading session, Caterpillar (CAT) closed at $217.63, marking a +1.18% move from the previous day.
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Wed, 30 Jun 2021 14:17:00 +0000
The stock market's all-time high is making it harder and harder to find companies that offer both growth and income.
General Electric stock could potentially double: Goldman Sachs
Tue, 29 Jun 2021 15:49:18 +0000
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The Zacks Analyst Blog Highlights: Greif, Caterpillar, Deere & Co, Sealed Air Corp and Berry Global Group
Tue, 29 Jun 2021 10:36:10 +0000
The Zacks Analyst Blog Highlights: Greif, Caterpillar, Deere & Co, Sealed Air Corp and Berry Global Group
The Best Mutual Funds Bet Billions On These 4 Sectors
Mon, 28 Jun 2021 15:44:32 +0000
Caterpillar, Charles Schwab, Applied Materials, FedEx, Square and Morgan Stanley lead this list of large investments into four in-demand sectors.
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