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CATERPILLAR INCCATERPILLAR INCCATERPILLAR INC

CATERPILLAR INC

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CAT1 trade ideas

CAT AVWAP Bounce Idea?Caterpillar Inc. (CAT) - Revised Trade Strategy Trade Setup: Anchored VWAP (AVWAP) Reversal Play Rationale: Post-earnings, Day 1 concluded with a bearish spinning top despite substantial volume, indicating indecision yet CAT’s price retained above the critical support level of $225. My initial bias was towards shorting on a potential breakdown below this support. However, the subsequent formation of a highly bullish candle that closed above the high of the previous earnings-related candle has shifted my stance towards a bullish outlook. Execution Plan: Monitor the 15-minute chart for a retracement to the AVWAP. The stock must engage with the AVWAP to confirm its relevance as a dynamic support level. Absent a touch of the AVWAP, the entry setup is invalidated, and no position will be taken. A confirmed test of the AVWAP followed by a close above it will signify a shift in momentum to the buyers. Upon this confirmation, a Limit Stop order will be placed just above a defined intraday resistance level. Concurrently, a Stop Loss will be established beneath an intraday pivot point, which also lies below the AVWAP, to mitigate risk. Profit Targets: The initial target is set at $233.72. Upon breaching this level, the next objective will be $240.00. Half of the position will be exited at a profit level equivalent to 1.5 times the risk assumed from the entry point. Risk Adjustments: Continuous evaluation of the trade will occur, and further updates will be disseminated. This strategy, while more nuanced to articulate, is predicated on clear technical confirmations, making it more straightforward to execute in practice than to describe.
NYSE:CATLong
by thinkCNE
Caterpillar Inc (CAT) Reports 12% Increase in Q3 2023 SalesCaterpillar Inc (NYSE:CAT) reports Q3 2023 sales and revenues of $16.8 billion, a 12% increase compared to Q3 2022. Profit per share for Q3 2023 stands at $5.45, a significant increase from $3.87 in Q3 2022. The company returned $1.0 billion to shareholders through dividends and share repurchases in Q3 2023. Operating profit margin for Q3 2023 was 20.5%, compared to 16.2% in Q3 2022. On Tuesday, October 31, 2023, Caterpillar Inc (NYSE:CAT) released its third-quarter earnings report for 2023. The company reported a 12% increase in sales and revenues, which stood at $16.8 billion, compared to $15.0 billion in the third quarter of 2022. This increase was primarily due to favorable price realization and higher sales volume. Financial Highlights The company's profit per share for the third quarter of 2023 was $5.45, compared to $3.87 in the third quarter of 2022. The adjusted profit per share for Q3 2023 was $5.52, compared to $3.95 in Q3 2022. The company also returned $1.0 billion to shareholders through dividends and share repurchases in the quarter. Operating profit margin for the third quarter of 2023 was 20.5%, compared to 16.2% in the third quarter of 2022. The adjusted operating profit margin for Q3 2023 was 20.8%, compared to 16.5% in Q3 2022. Performance Analysis For the nine months ended September 30, 2023, the company's enterprise operating cash flow was $8.9 billion. The company ended the third quarter with $6.5 billion of enterprise cash. In the quarter, the company paid dividends of $0.7 billion and repurchased $0.4 billion of Caterpillar common stock. Caterpillar Inc (NYSE:CAT) continues to focus on supporting its customers' success and executing its strategy for long-term profitable growth. Price Momentum CAT is trading near the bottom of its 52-week range and below its 200-day simple moving average. Investors have been pushing the share price lower, and the stock still appears to have downward momentum which will find a support level and surged prior to 12% Increase in sales we should expect a surged in the stock's value.
NYSE:CATLong
by DEXWireNews
Long term short CAT to $143I have absolutely nailed this stock in the past (with my dowsing)... Like the lows at $162 wayyy back when. I lost track of it though & was of course disappointed once I saw the rally. I didn't know what I had! Now though, I have today's date as a time to check up on CAT & isn't it interesting it's right near it's highs?! (I start salivating a bit) Dates in my work are often reversals and I did have a date at those lows at $162. I actually, had price too. Today's date was given on 2 occasions earlier this summer when I must've check in CAT, but I haven't been following it lately. What is the dowsing suggesting? CAT is at "very long term resistance" and I asked what price it goes to, which gave me $141, and a percent down of 50%, which conveniently lands it at $143! I'm expecting this to occur over the next 14 months. I may have missed the rally, but I shall not miss this. Be aware as the market pops later this week CAT may get to $288 +/-, & there is a near term date of 9/12. In the big picture I don't think it matters. Also, be aware it may have a choppy range for a while too.
NYSE:CATShort
by JenRz
CAT, Formed EXPLOSIVE BULL-FLAG-BREAKOUT, Extension Prevails!Hello There! Welcome to my new analysis about CAT Stock Price Action Analysis on the Weekly Timeframe Perspectives. The CAT Price Action recently showed up with a highly important dynamic and in this case a major formation has been formed that caught my attention. The CAT earnings through the recent quarters look pretty damn solid and the equity-to-debt ratio held stable through the recent quarters indicating a substantially fundamental base from where CAT has a strong potential to be backed from a financial market investors open-interest perspective. While other sector stocks showed up with pullbacks CAT moved on to form new highs. Such dynamics are pointing to a interesting stock price-action dynamic that should be considered in the schedule. When looking at my chart now I have marked there this huge bull-flag-formation which CAT has built during the last times. Within this formation CAT moved on to form a new higher high exceeding the previous one into an all time high as well as several higher lows that supported the bull-flag-formation to be completed with the breakout above the upper boundary. CAT also bounced several times within the 65-EMA in blue and the 25-SMA in green building substantial support-structures in combination with the main ascending-trend-line. The wave-count within the bull-flag-formation has been completed appropriately and from there on the final breakout above the upper-boundary has been validated by the bullish volume. The major formation that CAT recently completed here has now activated the upper target-zones as marked in the chart together with the major wave-C to emerge out of the breakout-origin. The fact that the waves A and B have already completed give the breakout and wave-C extension a fundamental base for the expansion to show up within the next times. The setup and indications that CAT provided here are delicate for an main positioning into the bullish direction and it has to be remarked that not every stock is showing such concrete factors into the appropriate direction this is why CAT is a main considerable stock-pick that we will keep following on the watchlist. Within the near terms a final setup-determination above the upper-boundary of the formation as seen in my chart is likely and from there on the wave-C expansion-wave will determine to reach out the upper-target-zones. Once the zones have been reached further assumptions need to be made. Especially a continued healthy equity management of the company can support the bullish case massively. In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated. VP
NYSE:CAT
by VincePrince
7
Caterpillar: Metamorphosis 🐛🦋The Caterpillar share price has been experiencing ups and downs lately and has not quite been able to approach the resistance at $293.88. However, we anticipate that this breakthrough is imminent. With the low placed at the end of August, the price is currently in the turquoise wave 5, which should reach the green target zone between $325.21 and 358.93 and represents the end of the superior white wave (I). A fall below the support at $250.89 would put a spanner in the works. Then, our 36% likely alternative would activate, and the price would move further down.
NYSE:CATLong
by MarketIntel
📈📊 #ChartPattern Alert! 📈📊📈📊 #ChartPattern Alert! 📈📊 📈 Ascending Channel 📈 📈 What is an Ascending Channel? The Ascending Channel is a bullish chart pattern formed by two parallel trendlines containing the price action within a rising channel. The lower trendline connects higher lows, while the upper trendline joins higher highs. 📈 How to Identify: Draw a trendline connecting at least two higher lows (ascending support) and another trendline connecting at least two higher highs (ascending resistance). 📈 What it Signals: The Ascending Channel suggests a healthy uptrend, with buyers stepping in at higher lows, showing increasing demand. The price tends to move between these parallel lines, providing potential trading opportunities. 📈 Trade Strategy: Consider buying near the lower trendline support and selling near the upper trendline resistance. Implement a stop-loss to manage risk in case of a breakdown below the channel. Remember to combine the Ascending Channel pattern with other technical indicators and conduct thorough research before making any trading decisions. Happy charting and trading! 📈💹
NYSE:CAT
by RaffDN
Has CAT Run out of Lives?Caterpillar has been leading a rally in industrial stocks, but now some traders may expect a pullback. Notice the gap to new record levels on August 1 after earnings beat estimates. CAT pushed to another high the following session but failed to hold and closed in the red. That kind of “shooting star” candlestick is a potential reversal pattern. Second, the surge pushed Wilder’s Relative Strength Index (RSI) far into overbought territory. It’s now retreating from that condition. Third, a narrowing price range since the rally produced a triangle. Prices broke the bottom of that formation yesterday. They also closed below their 8-day exponential moving average (EMA) for the first time this month. Traders looking to the downside may target the $270 area or lower, which corresponds to the recent gap. The macro backdrop could also worry some investors, given China’s economic weakness lately. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:CAT
by TradeStation
1
Bullish Pennant on Caterpillar IncA bullish pennant is a chart pattern that often indicates a continuation of a uptrend after a brief consolidation phase. It is formed when there is a sharp price incline (flagpole) followed by a period of consolidation, represented by converging trendlines that resemble a pennant shape. This pattern suggests that the buying pressure remains strong, and after the consolidation, the uptrend is likely to resume. Entry Point: At the breakout The entry point for a bullish pennant trading signal is when the price breaks above the upper trendline of the pennant pattern. This breakout confirms the continuation of the uptrend and signals a potential buying opportunity. If consolidation continues inside bearish pennant pattern entry point can be adjusted for decline of upper line of a pennant. Stop Loss: $281.00 To manage risk, it is advisable to place a stop-loss order just below the lower trendline of the pennant pattern. If the price breaks below this level, it may invalidate the bullish signal, and the trade should be exited to limit potential losses. If consolidation continues inside bearish pennant pattern stop loss should be adjusted for incline of bottom trendline of a pennant. Target Price 1: $310.00 The target price for bearish pennant can be estimated by measuring the height of the flagpole (the initial sharp price incline) and projecting it upward from the breakout point. Target price for bears: 260.00
NYSE:CAT
by vf_investment
12
Cup and Handle/Rising WedgeEarnings beat. Conflicting patterns as a cup is bullish and the wedge is bearish. Rising wedges are not valid until the bottom line is broken, so this wedge is not valid as of yet. Rising wedges can also break to the upside which this one did. Some would say a RW is caused by FOMO. It exhibits too much excitement and it causes too much supply. When price comes back down to break the wedge, there will be excessive selling but not until then. I have not seen a RW that was not eventually broken but they can be a long term pattern depending on market sentiment. The cup reached EL (long entry) level with the earnings beat. Targets for a cup are calculated using the depth of the cup. T1 has been reached. Targets calculated but the rising wedge could mess with this cup and cause a throwback. This is a large Rising Wedge (RW). It remains to be seen. There is a falling wedge at the bottom of the cup. This is opposite of a RW. Both lines slope down and converge at the apex. A Falling Wedge is bullish when the top line is broken. No recommendation
NYSE:CAT
by lauralea
2
CAT breakaway gapWill this breakaway gap in NYSE:CAT establish a new uptrend? Gaps occur when the low price of the current day is higher than the high price of the previous day. The majority of gaps are filled over time, but a sudden gap fill usually indicates a trend reversal. A breakaway gap occurs at the beginning of a trend after a period of consolidation, similar to what we've observed with CAT in October 2022 and in a downtrend in March 2023. We can project the outcome after a breakaway gap by measuring the vertical distance from the most recent swing low to the middle of the gap, and then using that same distance from the center of the gap to project the next local top of the trend. For this opportunity I will take advantage of the pullback from the market reaction to Fitch downgrading the US credit rating to enter below yesterdays close. I'll target ~$301 to take profit, which is near the top of the measured move and aligned with the 1.618 fib of the retrace from January to May. My initial stop loss is set at the gap open $270 and will be adjusted as a trailing stop to protect profit as the trend matures.
NYSE:CATLong
by Ben_1148x2
DANGER | Caterpillar Inc Short 🐛The indicators of economic distress are vast. Sometimes I don't know what to post, but you have to post something to trick the little AI bot police. Anyway, lately things have been feeling a lot like the summer / autumn of 2008. Rampant fomo everywhere, but you can tell the market is getting tired, after a ridiculous full-employment rally. So now, we have CAT (and plenty of others) showing us highs and corrective formations; meanwhile - the UNRATE remains in an increasingly unsustainable territory. Save your money.
NYSE:CATShort
by ChiefMacro
CAT: Ascending Triangle, Not confirmed (38,39%)(9/1000)(9/1000) Ascending Triangle for Caterpillar. Not Confirmed yet. Pros: 1- Bullish Ascending triangle 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- R/R ratio above 5 5- 250RSI above 50 and climbing 6- 50MA above 200MA 7- 50MA and 200MA ascending. 8- RS above 0 Cons: 1- ATR is descending, less volatile 2- Triangle not confirmed yet Target price is 364.95$. Again, stay humble, have fun, make money! MAAX!
NYSE:CATLong
by LeLaf
1