Caterpillar surrounded with negative pressures - Analysis - 15-12-2021

2021-12-15 11:12:55 GMT (Economies.com)
 

Caterpillar's stock (CAT) rose 0.19% in the last session after the support of 200.00 held on, settling at 201.64, amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect the stock to decline and target the support of 187.00, provided it settles back below 200.00.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0756
0.0103
0.9683%
1.2648
0.0086
0.6834%
22.149
0.238
1.086%
114.004
3.865
3.509%
117.55
0.15
0.13%
1854.665
-1.770
0.095%
 
 
News Today