CARRIER GLOBAL CORP (CARR)

US14448C1045 - Common Stock

61.19  -0.3 (-0.49%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CARR. In the last year, CARR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that CARR is one of the better performing stocks in the market, outperforming 88% of all stocks.
CARR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CARR is performing more or less in line with the market.
In the last month CARR has a been trading in the 53.33 - 63.79 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CARR has an average volume of 5478400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CARR is an average performer in the Building Products industry, it outperforms 50% of 43 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CARR Weekly chart
CARR Daily chart
Setup Rating and Analysis

3

Although CARR has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

50.06

61.80

3 important support areas can be observed.

  • A support zone ranging from 55.94 to 57.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 53.37 to 53.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @50.57 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.34
Mansfield0.56
10 Day High63.79
10 Day Low53.33
20 Day High63.79
20 Day Low53.33
52 Week High63.79
52 Week Low40.49
Performance
1 Week11.52%
2 Weeks12.29%
1 Month8.26%
3 Month8.3%
6 Month21.69%
12 Month45.09%
2 Year60.67%
3 Year41.1%
5 YearN/A
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)0.82
RSI(14)65.39
LBB50.51
UBB62.76
CARR Daily chart

CARRIER GLOBAL CORP

NYSE:CARR (5/1/2024, 1:02:07 PM)

61.19

-0.3 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.49%
1 Week11.52%
2 Weeks12.29%
1 Month8.26%
3 Month8.3%
6 Month21.69%
12 Month45.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.78
ATR(20)%2.74%
ATR Inc
Range Today0.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High63.79
10 Day Low53.33
20 Day High63.79
20 Day Low53.33
52 Week High63.79
52 Week Low40.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.88M
Volume Incr95.3%
Vol(5)7.83M
Vol(50)5.48M