Caterpillar Stock Technical Analysis

CAT -  USA Stock  

USD 207.19  2.86  1.40%

As of the 16th of May 2022, Caterpillar shows the Mean Deviation of 1.33, risk adjusted performance of 0.0246, and Downside Deviation of 2.05. Caterpillar technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Caterpillar, which can be compared to its rivals. Please confirm Caterpillar variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Caterpillar is priced correctly, providing market reflects its regular price of 207.19 per share. Given that Caterpillar has jensen alpha of 0.1571, we suggest you to validate Caterpillar's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Caterpillar Analyst Consensus

Target PriceAdvice# of Analysts
237.57Hold14Odds
Caterpillar current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Caterpillar analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Caterpillar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Caterpillar, talking to its executives and customers, or listening to Caterpillar conference calls.
Caterpillar Analyst Advice Details
Caterpillar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Caterpillar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Caterpillar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Caterpillar Technical Analysis

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The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Normalized Average True Range is used to analyze tradable apportunities for Caterpillar across different markets.
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Caterpillar Trend Analysis

Use this graph to draw trend lines for Caterpillar. You can use it to identify possible trend reversals for Caterpillar as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Caterpillar price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Caterpillar Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Caterpillar applied against its price change over selected period. The best fit line has a slop of   0.31  , which may imply that Caterpillar will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3548.77, which is the sum of squared deviations for the predicted Caterpillar price change compared to its average price change.

About Caterpillar Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Caterpillar on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Caterpillar based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Caterpillar stock first instead of the macroeconomic environment surrounding Caterpillar. By analyzing Caterpillar's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Caterpillar's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Caterpillar specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2021 (projected)
Long Term Debt to Equity1.81.53
Interest Coverage7.74.2

Caterpillar May 16, 2022 Technical Indicators

Most technical analysis of Caterpillar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Caterpillar from various momentum indicators to cycle indicators. When you analyze Caterpillar charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Caterpillar May 16, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Caterpillar stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. Note that the Caterpillar information on this page should be used as a complementary analysis to other Caterpillar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Caterpillar price analysis, check to measure Caterpillar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caterpillar is operating at the current time. Most of Caterpillar's value examination focuses on studying past and present price action to predict the probability of Caterpillar's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Caterpillar's price. Additionally, you may evaluate how the addition of Caterpillar to your portfolios can decrease your overall portfolio volatility.
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Is Caterpillar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caterpillar. If investors know Caterpillar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caterpillar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Caterpillar is measured differently than its book value, which is the value of Caterpillar that is recorded on the company's balance sheet. Investors also form their own opinion of Caterpillar's value that differs from its market value or its book value, called intrinsic value, which is Caterpillar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caterpillar's market value can be influenced by many factors that don't directly affect Caterpillar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caterpillar's value and its price as these two are different measures arrived at by different means. Investors typically determine Caterpillar value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caterpillar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.