In the case of CAT there are positive technical signals here, however, be cautious of the Williams %R or any other indications that the bullish momentum may be nearing an end.

In the case with CAT the PPO is of a positive value and therefore the slow moving average is above the long moving average indicating strength in an upward trend

CAT is currently reading as overbought signal and therefore, indicates a situation in which the price has risen to such a degree, usually on high volume, that an oscillator has reached its upper bound. This is generally interpreted as a sign that the price is becoming overvalued and may experience a pullback.

In the case of CAT the stock is currently trading above the 50 day moving average (average stock price over 50 days). This is often an indication that there is upward momentum in relation to the price of the stock over the past 50 days.