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Can Caterpillar Inc. (CAT) Continue to Rise? - Tale of the Tape

Posted: 10/23/2013 8:07:00 AM
Referenced Stocks: CAT

Investors have definitely seen some solid trading in Caterpillar Inc. ( CAT ) lately, leading to gains for some. However, CAT is now in overbought territory thanks to its latest move, as the firm has an RSI value of 74.12. Additionally, Caterpillar Inc. currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

CATERPILLAR INC (CAT): Free Stock Analysis Report

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