empty
 
 
25.01.2023 02:57 PM
Short-term technical analysis on Caterpillar stock price for January 25th, 2023.

This image is no longer relevant

Red line -support trend line

Blue line- bearish RSI divergence

CAT stock price is still in a bullish trend making higher highs and higher lows. Price is very close to providing a new higher high above $260.39. However the RSI is providing bearish divergence signals. Bulls should not ignore these signs. Support is found at $247.17. As long as price is above this level, short-term trend remains bullish. A new higher high is very possible but we also expect to see another lower high by the RSI. Although trend remains bullish, bulls need to be cautious and protect their gains. The RSI bearish divergence is a signal of a weakening up trend. It is not a reversal signal, but only a warning.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback