Caterpillar Technical Analysis Overview

CAT -- USA Stock  

USD 148.52  2.30  1.57%

Caterpillar shows Downside Deviation of 0.944, Risk Adjusted Performance of 0.0851 and Mean Deviation of 0.8655. 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 future prices. In plain English 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 found 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 Value At Risk and Skewness to decide if Caterpillar is priced correctly providing market reflects its regular price of 148.52 per share. Given that Caterpillar has Jensen Alpha of 0.2683, we suggest you validate Caterpillar prevailing market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Caterpillar Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Caterpillar volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

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 0.48 % 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.

Current Sentiment - CAT

Caterpillar Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Caterpillar. What is your opinion about investing in Caterpillar? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Caterpillar Market Strength

Caterpillar September 18, 2018 Daily Price Condition

Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com