Caterpillar, Inc. stock surged after record quarterly revenue above $20 billion and raised 2026 guidance on data center demand. The earnings beat triggered an aggressive gap higher. Yet the daily candle reveals a more complicated picture than the headline suggests.

Key takeaways

• Caterpillar reported record quarterly revenue above $20 billion for the first time and raised its 2026 sales growth target.
• The stock opened at 923.77, spiked to 932.29, then faded to close at 875.94 — a roughly 65-point range.
• Daily RSI14 sits at 48.26, neutral despite the bullish catalyst, and the daily MACD remains bearish with a negative histogram of -3.7.
• Price closed below the 50-day EMA…