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22.3% Return Seen to Date on SmarTrend Caterpillar Inc Call (CAT)

By Amy Schwartz

SmarTrend identified an Uptrend for Caterpillar Inc (NYSE:CAT) on April 10th, 2017 at $96.99. In approximately 5 months, Caterpillar Inc has returned 22.29% as of today's recent price of $118.62.

In the past 52 weeks, shares of Caterpillar Inc have traded between a low of $70.53 and a high of $118.83 and are now at $118.62, which is 68% above that low price. The 200-day and 50-day moving averages have moved 0.21% lower and 0.99% higher over the past week, respectively.

Caterpillar Inc. designs, manufactures, and markets construction, mining, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Caterpillar Inc shares.

Log in and add Caterpillar Inc (CAT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights caterpillar inc

Ticker(s): CAT