Score 8.1 (out of 10): CATERPILLAR INC poised to seasonally rally by 4% during the month of November

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Insight:

CATERPILLAR INC indicates an interesting seasonal (monthly for November) set up. During similar occasions, CATERPILLAR INC shares had a median return of +4%, over the following 1 month – based on 11 historical occasions with 9 of those showing positive returns (82%). This buy signal for CATERPILLAR INC received a high score of 8.1 (out of 10). This insight was generated with last price of 207.12. CATERPILLAR INC is in the Machinery-Constr&Mining business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth 11.3% more (average). Ticker symbol: CAT US.

Details:

NameCATERPILLAR INC
ViewUp
Star (1 to 10)8.1
Target+4%
Time1 month
Hit Rate82%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

1.5% (November-2021), 10.8% (November-2020), 5.1% (November- 2019), 11.9% (November-2018), 4% (November-2017), 14% (November-2016), -0.2% (November-2015), -0.5% (November-2014), 1.5% (November-2013), 0.8% (November-2012)

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