Technical Bounce Setup: CAT Oversold at $622.75
Bullish
Oct 31, 2026 at 3:06 AM
•
$622.75
(-3.81%)
Shares of Caterpillar Inc (CAT) declined 3.81% to $622.75 on October 31.
Technical indicators paint a bearish picture:
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $688.85, resistance at 21-day ($729.73).
Momentum
RSI at 23.6 is approaching oversold territory, which may present buying opportunities. MACD reads -39.09 against its -29.28 signal line (bearish).
Volatility
Bollinger Band width at 32.8% indicates normal volatility.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $621.98.
Key levels to watch: Support at $621.98, Resistance at $865.94.