Caterpillar Shares Close Below Three Key Daily Moving Averages

Caterpillar shares closed below their 20-, 50- and 200-day exponential moving averages on Oct. 13, ending at $772.78, or $26.59 below the previous close of $799.37. The stock opened at $791.00, reached $792.70 and fell to $755.31 during the session. The listed closing and previous closing prices imply a 3.33% decline. Caterpillar’s 20-day EMA was $812.55, its 50-day EMA was $825.68 and its 200-day EMA was $780.53. The 200-day average remained below both the 20-day and 50-day averages. Daily momentum readings for the session included an RSI of 38.19 and a MACD of -5.11, below its -1.17 signal line.

Source: TokenPost