CARRIER GLOBAL CORP (CARR) Stock Technical Analysis
USA - NYSE:CARR - US14448C1045 - Common Stock
Taking everything into account, CARR scores 0 out of 10 in our technical rating. CARR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CARR has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.56
3 important resistance areas can be observed.
- A resistance zone ranging from 56.59 to 57.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 58.86 to 60.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @81.61 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for CARR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CARR is down. |
| ChartMill Relative Strength | 13.5 | NEGATIVE | CARR has a low relative strength, it was outperformed by 86.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CARR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CARR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CARR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.84 | NEUTRAL | The RSI value for CARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests CARR has a negative trend. |
| Stochastics (14,3) | 5.87 | OVERSOLD | The low Stochastics value suggests CARR may be oversold. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CARR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for CARR suggests a possible start of a new trend. |
54.1
-1.06 (-1.92%)
CARRIER GLOBAL CORP / CARR FAQ
Can you provide the ChartMill technical rating for CARRIER GLOBAL CORP?
ChartMill assigns a technical rating of 0 / 10 to CARR.
What is the current trend direction of CARRIER GLOBAL CORP (CARR) stock?
The current trend direction for CARRIER GLOBAL CORP (CARR) is Bearish.
What is the RSI signal for CARRIER GLOBAL CORP (CARR) stock?
CARRIER GLOBAL CORP (CARR) has an RSI value of 33.8397. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARRIER GLOBAL CORP?
The MACD indicator for CARRIER GLOBAL CORP (CARR) has a value of -0.256177, indicating a bearish trend.
What is the support and resistance level for CARR stock?
CARRIER GLOBAL CORP (CARR) has a resistance level at 56.59. Check the full technical report for our detailed analysis of CARR support and resistance levels.