CARTER BANKSHARES INC (CARE) Stock Technical Analysis
NASDAQ:CARE - Nasdaq - US1461031064 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CARE. CARE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month CARE has a been trading in the 13.61 - 16.05 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CARE did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CARE is part of the Banks industry. There are 398 other stocks in this industry, CARE did better than 54% of them.
CARE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, CARE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.91. Right above this resistance zone may be a good entry point.
More info and screens
13.71
18.17
We found 1 important support area.
- A support zone ranging from 13.85 to 14.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.91 to 16.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.78 to 16.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.99 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.38
Mansfield-0.44
10 Day High16.05
10 Day Low14.58
20 Day High16.05
20 Day Low13.61
52 Week High20.4
52 Week Low11.96
Performance
1 Week2.42%
2 Weeks5.8%
1 Month5.09%
3 Month-11.01%
6 Month-12.94%
12 Month21.74%
2 Year11.21%
3 Year6.02%
5 Year122.1%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)53.87
LBB14.2
UBB16.06
15.68
+0.28 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.82%
1 Week2.42%
2 Weeks5.8%
1 Month5.09%
3 Month-11.01%
6 Month-12.94%
12 Month21.74%
2 Year11.21%
3 Year6.02%
5 Year122.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.25%
ATR Inc-20.15%
Range Today0.22
ADR(20)0.62
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.38
Mansfield-0.44
10 Day High16.05
10 Day Low14.58
20 Day High16.05
20 Day Low13.61
52 Week High20.4
52 Week Low11.96
CS1 End14
CR1 Start15.91
Volume & EV
DER(3)-1.7%
DER(5)-2.64%
Volume44.00K
Volume Incr-33.76%
Vol(5)50.90K
Vol(50)67.27K