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Notable Monday Option Activity: CAT, HAS, DHI
Monday, April 23, 1:25 PM ET, by Market News Video Staff

Looking at options trading activity among components of the S&P 500 index, there is noteworthy ...

Relative Strength Alert For MMM
Tuesday, April 24, 12:03 PM ET, by Market News Video Staff

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Broker Darlings of the Dow: Caterpillar Ranks As a Top 15 Analyst Pick
Wednesday, April 25, 11:45 AM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that Caterpillar Inc. (CAT) is ...

Notable ETF Outflow Detected - DIA, GS, MCD, CAT
Monday, April 30, 10:46 AM ET, by Market News Video Staff

Symbols mentioned in this story: DIA, GS, MCD, CAT Exchange traded funds (ETFs) trade just ...

Notable Monday Option Activity: AKRX, VRNS, CAT
Monday, April 30, 3:21 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Shares of CAT Now Overbought

By Market News Video Staff, Thursday, January 12, 12:38 PM ET
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In trading on Thursday, shares of Caterpillar Inc. (NYSE:CAT) entered into overbought territory, changing hands as high as $100.49 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70. In the case of Caterpillar Inc., the RSI reading has hit 70.5 by comparison, the RSI reading for the S&P 500 ETF (SPY) is presently 70.0.

Investors could look at CAT's 70.5 reading as a sign that the recent heavy buying is overdue to take a break, which could bring a pullback in the stock. The chart below shows the one year performance of CAT shares:

Caterpillar Inc. 1 Year Performance Chart

Looking at the chart above, CAT's low point in its 52 week range is $67.54 per share, with $116.55 as the 52 week high point that compares with a last trade of $100.36.

According to the ETF Finder at ETF Channel, CAT makes up 6.24% of the SPDR Dow Jones Industrial Average ETF (NYSE:DIA) which is trading lower by about 0.3% on the day Thursday.

See what other ETFs contain CAT
See what other stocks are held by DIA

CAT operates in the Construction sector, among companies like Shaw Group Inc. (SHAW) which is up about 0.8% today and has a current RSI reading of 72.2. Below is a three month price history chart comparing the stock performance of CAT, versus SHAW.

CAT,SHAW Relative Performance Chart


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This Article's Word Cloud:   According   Average   Below   Caterpillar   Channel   Construction   Days   Dollars   ETFs   Finder   Forbes   Group   Index   Industrial   Investors   Join   Jones   Looking   NYSE   Offer   Relative   SHAW   SPDR   Seven   Shaw   Special   Strength   Thursday   ValueForum   about   above   among   chart   could   high   other   overbought   performance   point   reading   share   shares   stock   territory   that   trading   week   what   which   with
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Shares of CAT Now Overbought | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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