caterpillar technical analysis charts

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September 16, 2015 CAT: Caterpillar technical analysis charts On Tuesday, compared to Monday, price action opened higher (73.02, vs Monday’s close of 72.77), saw a higher high (74.74, vs Monday’s high of 72.89) and higher low (72.65, vs Monday’s low of 72.01); and closed higher (74.58, vs Monday’s close of 72.77). The day’s range was 209 ticks. On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose towards the top of the 20 day moving average envelope (74.50). The parameters of the envelope (72.26-76.73) are pointing lower. The RSI (46.91) below is in neutral mode between the key 20 (oversold) and 80 (overbought) levels.

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Page 1: Caterpillar technical analysis charts

September 16, 2015

CAT: Caterpillar technical analysis charts

On Tuesday, compared to Monday, price action opened higher (73.02, vs

Monday’s close of 72.77), saw a higher high (74.74, vs Monday’s high of 72.89)

and higher low (72.65, vs Monday’s low of 72.01); and closed higher (74.58, vs

Monday’s close of 72.77). The day’s range was 209 ticks.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose

towards the top of the 20 day moving average envelope (74.50). The parameters

of the envelope (72.26-76.73) are pointing lower.

The RSI (46.91) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

Page 2: Caterpillar technical analysis charts

September 16, 2015

The MACD 12 day moving average is above the MACD 26 day moving average;

both are above zero and falling.

The Slow Stochastics, below, are in negative mode, with the K line below the D

line.

The Commodity Channel Index (-25.74), below, is in positive mode above the

oversold -200 level.

On the DAILY BOLLINGER BANDS CHART below, Tuesday represents the 14th

consecutive close above the middle of the Bollinger Band envelope (74.50). The

Bollinger Bands (71.36-77.63) are converging; and narrowed from a width of 732

ticks on Monday to a width of 627 ticks on Tuesday.

Page 3: Caterpillar technical analysis charts

September 16, 2015

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (73.07, moving up) is below the 20 day moving average (74.50, moving

down); in negative mode. The 3-50 day strip of moving averages ranges from the

5 day moving average (73.07) at the bottom of the range to the 50 day moving

average (77.52) at the top of the range.

The Parabolic Stop and Reverse (71.44) below is in the 10th day of buy mode.

Page 4: Caterpillar technical analysis charts

September 16, 2015

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 4th

consecutive close below the middle of the Bollinger Bands envelope (81.47). The

Bollinger Bands (70.35-92.59) are pointing lower; expanding from a width of 2,186

ticks on Monday to a width of 2,224 ticks on Tuesday.

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