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CARRIER GLOBAL CORP (CARR) Stock Technical Analysis

NYSE:CARR - New York Stock Exchange, Inc. - US14448C1045 - Common Stock - Currency: USD

72.48  +0.73 (+1.02%)

After market: 72.48 0 (0%)

Technical Rating and Analysis

7

Overall CARR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CARR is only an average performer.

The long and short term trends are both positive. This is looking good!
CARR has an average volume of 5353210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CARR is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CARR is an average performer in the Building Products industry, it outperforms 63% of 42 stocks in the same industry.
CARR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARR is lagging the market.
In the last month CARR has a been trading in the 69.31 - 76.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CARRIER GLOBAL CORP / CARR Weekly stock chart
CARRIER GLOBAL CORP / CARR Daily stock chart
Setup Rating and Analysis

7

CARR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 72.25, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

58.01

77.45

We found 2 important support areas.

  • A support zone ranging from 70.34 to 72.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @58.60 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 74.85 to 75.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @76.68 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CARR is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CARR is up.
ChartMill Relative Strength72.68POSITIVECARR has a high relative strength, it outperformed 72.68% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of CARR is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CARR is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CARR is above the rising SMA(200).
Relative Strength Index/RSI (14)58.7NEUTRALThe RSI value for CARR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.32NEGATIVEThe MACD value suggests CARR has a negative trend, although the MACD value is rising.
Stochastics (14,3)59NEUTRALThe Stochastics value for CARR is a neutral value.
Average True Range in percent/ATR (20)1.98LOW VOLATILITYThe low ATR as a percentage value for CARR suggests low volalility.
Average Directional Index/ADX (14)22.89NEUTRALThe ADX value for CARR suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
72.6970.332.36 (3.25%)25.00%
An entry @72.69. This is a Buy Stop order right above the 10 day high.An exit @70.33. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.36 points, which is 3.25%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CARRIER GLOBAL CORP / CARR Daily stock chart

CARRIER GLOBAL CORP

NYSE:CARR (6/11/2025, 5:05:00 PM)

After market: 72.48 0 (0%)

72.48

+0.73 (+1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.02%
1 Week1.53%
2 Weeks2.03%
1 Month-2.91%
3 Month8.94%
6 Month-0.73%
12 Month12.63%
2 Year45.81%
3 Year103.25%
5 Year226.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%1.98%
ATR Inc-32.21%
Range Today1.11
ADR(20)1.33
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.68
Mansfield-0.08
10 Day High72.68
10 Day Low69.31
20 Day High76.63
20 Day Low69.31
52 Week High83.32
52 Week Low54.22
CS1 End72.25
CR1 Start74.85
Volume & EV
DER(3)0.37%
DER(5)0.81%
Volume6.24M
Volume Incr-8.18%
Vol(5)4.68M
Vol(50)5.35M