CARRIER GLOBAL CORP (4PN.DE) Stock Technical Analysis
FRA:4PN - Deutsche Boerse Ag - US14448C1045 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to 4PN. Although 4PN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: 4PN has an average volume of 364 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that 4PN is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by 4PN over the past year are nicely spread over this period.
4PN is one of the better performing stocks in the Building Products industry, it outperforms 73% of 20 stocks in the same industry.
In the last month 4PN has a been trading in the 63.16 - 69.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
4PN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 4PN is lagging the market.
4PN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 64.90, a Stop Loss order could be placed below this zone.
More info and screens
61.04
76.32
2 important support areas can be observed.
- A support zone ranging from 64.44 to 64.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.66 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 66.96 to 67.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 74.85 to 75.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 4PN.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 4PN.DE is down. |
| ChartMill Relative Strength | 73.95 | POSITIVE | 4PN.DE has a high relative strength, it outperformed 73.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 4PN.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 4PN.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 4PN.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.02 | NEUTRAL | The RSI value for 4PN.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests 4PN.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.12 | NEUTRAL | The Stochastics value for 4PN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for 4PN.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for 4PN.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:4PN (1/24/2025, 7:00:00 PM)
66.72
-0.45 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.67%
1 Week-2.36%
2 Weeks1.29%
1 Month-1.07%
3 Month-1.53%
6 Month12.12%
12 Month29.68%
2 Year71.45%
3 Year41.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%2.26%
ATR Inc-41.99%
Range Today1.13
ADR(20)0.84
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.95
Mansfield-0.27
10 Day High68.98
10 Day Low64.38
20 Day High69.89
20 Day Low63.16
52 Week High76.21
52 Week Low49.39
CS1 End64.9
CR1 Start66.96
Volume & EV
DER(3)0%
DER(5)0%
Volume619
Volume Incr-4.53%
Vol(5)394
Vol(50)364.18