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Caterpillar Technical Analysis
Caterpillar Trend AnalysisUse 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 LineThe 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 0.48 % which may imply that Caterpillar will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 189.91, which is the sum of squared deviations for the predicted Caterpillar price change compared to its average price change.