CARRIER GLOBAL CORP (CARR) Technical Analysis
NYSE:CARR • US14448C1045
Current stock price
55.65 USD
-0.84 (-1.49%)
At close:
55.65 USD
0 (0%)
After Hours:
CARR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CARR. 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.
- 72% of all other stocks performed better in the past year than CARR.
- CARR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CARR is lagging the market.
- In the last month CARR has a been trading in the 55.23 - 66.80 range, which is quite wide. It is currently trading near the lows of this range.
- CARR has an average volume of 7514980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- CARR is part of the Building Products industry. There are 42 other stocks in this industry, CARR did better than 56% of them.
CARR Weekly and Daily overview Charts
CARR Setup Rating and Analysis
The technical rating of CARR is bad and it also does not present a 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.
More info and screens
CARR Support and Resistance Analysis
51.88
82.43
When analyzing the support we notice one important area.
- Support @52.40 from a horizontal line in the weekly time frame.
7 important resistance areas can be observed.
- A resistance zone ranging from 55.66 to 55.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 58.70 to 59.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.58 to 61.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @63.29 from a trend line in the weekly time frame.
- Resistance @65.00 from a trend line in the daily time frame.
- Resistance @67.05 from a horizontal line in the daily time frame.
- Resistance @81.61 from a horizontal line in the weekly time frame.
CARR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CARR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CARR is down. |
| ChartMill Relative Strength | 28.6 | NEGATIVE | CARR has a low relative strength, it was outperformed by 71.4% 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) | UP | MIXED | The current price of CARR is below the rising 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) | 32.7 | NEUTRAL | The RSI value for CARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests CARR has a negative trend. |
| Stochastics (14,3) | 10.56 | OVERSOLD | The low Stochastics value suggests CARR may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for CARR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.61 | NEUTRAL | The ADX value for CARR suggests a possible start of a new trend. |
CARR 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)
CARR Technicals: Chart, Performance Metrics, Trend & Indicators
55.65
-0.84 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.49%
1 Week-4.63%
2 Weeks-13.59%
1 Month-14.24%
3 Month5.12%
6 Month-9.76%
12 Month-16.35%
2 Year-4.27%
3 Year21.64%
5 Year31.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.14
ATR(20)%3.85%
ATR Inc14.17%
Range Today2.47
ADR(20)1.84
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.6
3 months CRS80.27
6 months CRS30.24
Mansfield-1.59
10 Day High64.1
10 Day Low55.23
20 Day High66.8
20 Day Low55.23
52 Week High81.09
52 Week Low50.24
CS1 End52.4
CR1 Start55.66
Volume & EV
DER(3)-1.96%
DER(5)-0.51%
Volume5.91M
Volume Incr16.01%
Vol(5)7.21M
Vol(50)7.51M
CARRIER GLOBAL CORP / CARR TA FAQ
Can you provide the ChartMill technical rating for CARRIER GLOBAL CORP?
ChartMill assigns a technical rating of 1 / 10 to CARR.
Can you provide the trend direction for CARRIER GLOBAL CORP?
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 32.7026. This indicates that the stock is currently neutral.
What is the short term momentum for CARRIER GLOBAL CORP (CARR) stock?
The short term momentum for CARRIER GLOBAL CORP (CARR) is negative.