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Takip Edin: @UscMarketsCAT Stock Forecast & Caterpillar Chart Analysis
This article provides a detailed analysis of CAT-Caterpillar Inc. stock including a forecast for CAT shares. It features Caterpillar Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
CAT Historical Data Review
CAT Current Price Performance Analysis
The Caterpillar - CAT stock traded on the American stock market, on 06-05-2024, closed at 329.45$ with a %0.57 increased compared to the previous day.
In the last month, the price of CAT changed by %-3.70 decreased in value, from 342.1 dollars on 05-06-2024 to 329.45 dollars, decreased.
Last year, the price of CAT was 226.68 dollars on 06-06-2023, and changed by %45.34 increased in value, to 329.45 dollars increased within a year.
The price of Caterpillar stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CAT with AI Stock Forecast & Price Target
On the CAT chart Caterpillar price was recorded as 329.45 Dollars on 06/05/2024.
The artificial intelligence's forecast on CAT stock is as follows.
The artificial intelligence's prediction error margin for CAT stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Caterpillar stock over the next 4 months is: 318.9 Dollars.
The commentary on CAT stock Target Price: Highest: 349.57 Dollars is predicted.
The commentary on CAT stock Target Price: Lowest: 286.073 Dollars is predicted.
Resistance Price where Caterpillar stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 293.996 |
| 12-12-2024 | 322.591 |
| 02-20-2025 | 349.570 |
Support Price where Caterpillar stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 289.051 |
| 10-28-2024 | 286.073 |
| 12-17-2024 | 321.479 |
| 04-01-2025 | 329.538 |
The commentary on CAT stock: Fluctuations in the target price can be expected in the coming days.
The target price for Caterpillar stock by the end of 2024 is predicted to be 321.864 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CAT stock, and the 2024 target price predictions for Caterpillar are detailed above.
The technical analysis and charts for the commentary on CAT stock are below.
CAT Support & Resistance and Trend Analysis
CAT stock you have reviewed the technical analysis support resistance charts regarding.
CAT : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CAT review, the Caterpillar support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Caterpillar Support and Resistance Prices:
| CAT Support Level Price | CAT Resistance Level Price |
|---|---|
| 241.81 | 257.44 |
| 276.94 | 299.20 |
| 310.79 | 303.31 |
| 329.25 | 334.87 |
| 363.31 | |
| 364.43 | |
| 382.01 |
CAT Technical Analysis: SMA, RSI, MACD
Upon reviewing the CAT chart, buy and sell signals have been generated in the Caterpillar technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CAT stock are as follows:- CAT technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Caterpillar gave a 'Buy' signal when the RSI was at 28.314, with the current RSI value at 24.798.
- The technical analysis for Caterpillar indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Caterpillar stock: Click here to read more predictions on Applied Materials stock.
Click here for price target predictions and technical analysis charts of other American stocks