Is This the Top for Caterpillar Inc. (CAT)? – Tale of the Tape

Zacks

Caterpillar Inc. (CAT) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CAT is now in overbought territory with an RSI value of 72.7. Furthermore, Caterpillar Inc. currently has a Zacks Rank #5 (Strong Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

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