Get started

Caterpillar

Weekly Watchlist! 8/2 - 8/6Here are the stocks we are watching for this week! NASDAQ:AMZN Looking for a relief bounce on AMZN here off of trend resistance, watching for a break of $3370 NASDAQ:AMAT Nice accumulation forming here on AMAT under resistance, looking primed for a test of all time highs soon. On this we are looking for a a break of the $142 level NYSE:CAT Nice hammer candle right off the 200sma. Sentiment into this week should be good with the expected passing of the Infrastructure bill. Looking for a move over $209 NYSE:KSS Picture perfect falling wedge forming here on KSS, expect some more bullish moves as the economy opens up further and heading into the holiday months ahead. Looking for a move over $52 NASDAQ:TSLA Great break and hold of trend resistance last week. Will look for continuation with a break of the $700 level
NASDAQ:AMZNLong
by ThirtyninethParallelInvestment
2
Weekly Outlook! 7/12 - 7/16Here is what stocks we are looking at for the coming week! As well as a recap of last week's video! NYSE:CAT Looking for another swing high off of lows. Looking to get a confirmation for the break of it's current bullflag pattern over the $220 level. NASDAQ:NVDA NVDA has been range bound the last two days between $806 and $788. We will be looking for a range break in either direction of those levels NASDAQ:ROKU Nice dip here after the recent run we have seen. Looks like we got a break of resistance and will look to catch the next move higher over the $434 level NYSE:YUM Nice trend resistance break on Friday, looking to catch a move over a break of $119 for continuation NASDAQ:EBAY Nice bullflag pattern forming here at highs, will look to take the next move up after a break of the $70 level
NYSE:CATLong
by ThirtyninethParallelInvestment
CAT Price MovementBased on the chart, we see there is a support level of $227 and a resistance of $238. The Bollinger Band (45D) suggests that the price is about drop being that it is above the midline, pushing the upper band. Furthermore, Andrew’s Pitchfork is yet another confirmation of a falling price. Some other key indicators are the RSI, Stochastic Oscillator, and MACD, which are all signaling a sell off in the near term. Below are the numerical values for those. Also, look at the value. There is a depletion of customer sentiment and buying so the price will continue to drop to the support range. What I foresee happening is a price drop to around $225 to $227, which will require entry confirmation to maximize profits. Furthermore, I foresee the long-term value of this firm to be $284 based on both fundamental values, historical chart trends, and enterprise value. Keep an eye on their earning as well. Based on what they reported last earnings call, they were above 2.12 but had to make adjustments and it was standardized at 1.42, falling short but their price still surged. I foresee this happening again. They are expected at 1.94 but I believe it will be 2 based on what they are doing at the moment. Again, I see the price dropping to around $225 from most recent data then increasing to $245-250 (8.88% to 10%) but ultimately hitting $284 for long term investors. Here are the fundamental and technical data highlights: - Sector: Industrials - Industry: Machinery - Market Cap: $127.25B - Volume: 1.61M - Revenue Growth Rate (Avg): 11.5% - Net Income Growth Rate (Avg): 7% - Cash-On-Hand: $8.8B - 1-YR Returns: 115% - EV: $155M -> Puts (PT) price target at ~$284 – intrinsically) - ROE: ~22% - Altman Z-Score: 2.3 - Bollinger Band (30) in contraction with price accumulation - RSI: 62, minor sell signal - Oscillator: 66, slightly overbought, confirming sell-off soon - Andrew’s Pitchfork: Lower band broken - MACD: Sell off with decreased volume News around CAT: - Energy & transportation segment back online and fully operational according to February 10K Annual Report - Discontinued EIP shares repurchase plan 2nd half of 2020 but continued in 2021 Q1 - Brought in Gerald Johnson, Executive VP of Global Manufacturing of GM on March 1 – to target automotive production - Energy include oil and natural gas According to (EIA) U.S Energy Information Agency, WTI crude oil is at $63.46 per barrel, over doubled from last yr. Natural gas is at $2.658 MMBtu, over doubled from last year. Oil & natural gas inventories are down 11.2M barrels from a year earlier and 242 bcf from a year earlier. Current = 492M barrels and 1,845 Bcf. This means that demand is high and with continuation of operations and CAT being industry leader with a large volume of government contracts, they are going to see a large spike in revenue with major increases in overall stock value. Happy Investing!
NYSE:CAT
by calisailor209
$CAT Short-term swingCAT looks bullish again on the daily chart. Looks ready in the indicators as they've turned bullish yet again. Both the RSI and Stoch RSI had a crossover last week. We put in an inside day last week after being below the recent pullback's VWAP and reclaimed demand on the upside. Looking closely at price action to confirm a bullish trend to continue higher or to reverse below the highs' anchored VWAP. It is also looking like a short-term flag that could break out from.
NYSE:CATLong
by Modus777
Caterpillar (CAT) is flashing sell on this chart, Thoughts?Based on the closing price for the past 3 days, CAT is lighting up my trading indicators like a Christmas Tree--a red Christmas tree. The RSI algorithm fired the first sell signal. 5 algorithms agreed it was time to sell based on Friday's close which means this coming week could get more nasty than the market was last week. I have plotted all of the potential delays to the actual sell off followed by the potential target bottoms. All of these targets and days are based off of historical median and average price action when each signal triggers a SELL on the Daily chart. I received many major SELLs on Friday which is quite the confluence of future activities. I selected NOK, CAT, and AXP as there was a large amount of agreement across the timeframes. Last week was rough and preceded by a bearish MACD cross on the S&P 500 index. All of these signals taken together could spell a 20% correction in the near future. The historical figures and reasons for each target are posted as always on my website in the signature block. Feel free to follow as we post new articles nearly everyday.
NYSE:CATShort
by StockSignaler
2
CAT bullish flag rangeAs long as we are in this range CAT will continue its bullish accumulation and could go as far down as testing 100. There is strong support there which gave us a great impulse up. There are many situations this can create right now. Short pressure holds at 150...a clear expanding flat setup could be at play or bullish buttery extending The long term move is UP...lots will be waiting for that breakout of this range! But where will it be??? will we tap 100 first before trying 200?? Ya I think so... we got close but not close enough! manufacturing in the USA is ramping up. I would assume profits will come to CAT from many sources over the next 10 years.
NYSE:CAT
by AschraM
CAT - buy support zones analysisHello traders, Description of the analysis: Caterpillar Inc . ( CAT ) support zones ideal for timing long positions (gray). CAT is currently at its all time high (ath). A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the importance of this zone. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
NYSE:CATLong
by Jacob_Kovarik
CATERPILLAR INC path and directionHello everyone In march 2020 we have a possible big uptrend channel In may 2020 we started a small uptrend channel and so far price is respecting this channel trend lines In august 2020 price has broken the downtrend from march and retested and price went higher respecting this small uptrend channel our plan is to watch price action inside this small channel However daily close below lower of the small uptrend channel trend line will drop price to next support zone I like the zone inside the cube ( broken downtrend line we might test it again , lower trend line of the possible big uptrend channel which touches twice ) for any question feel free to ask :)
NYSE:CAT
by Abu-Sushi
CAT-LongCAT is breaking out of a long term pattern. Breakout is with a strong volume. Some money surely preparing for a worldwide recovery from covid-19. Recently lots of analyst recommended the stock based on its fundamentals. price to sales ratio is very attractive. Dividend paying stock projected to have 39% higher EPS next year. So boys from Wall street are now adding. This is just an opinion. Do not buy or sell any financial assets reading this post. This is just for educational purposes. Do your own homework before putting your hard earned money based anyone's post.
NYSE:CATLong
by Riainvestment