CARRIER GLOBAL CORP (CARR) Technical Analysis
NYSE:CARR • US14448C1045
Current stock price
64.32 USD
+0.98 (+1.55%)
At close:
63.9419 USD
-0.38 (-0.59%)
After Hours:
CARR Technical Rating and Analysis
Overall CARR gets a technical rating of 6 out of 10. In the last year, CARR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CARR is one of the better performing stocks in the Building Products industry, it outperforms 73% of 42 stocks in the same industry.
- In the last month CARR has a been trading in the 53.77 - 64.43 range, which is quite wide. It is currently trading near the high of this range.
- CARR has an average volume of 7170790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CARR turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CARR Weekly and Daily overview Charts
CARR Setup Rating and Analysis
CARR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CARR Support and Resistance Analysis
54.15
82.43
When analyzing the support we notice one important area.
- A support zone ranging from 54.70 to 55.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @65.40 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 67.05 to 67.08. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for CARR is up. |
| ChartMill Relative Strength | 58.61 | NEUTRAL | CARR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CARR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.23 | NEUTRAL | The RSI value for CARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.03 | POSITIVE | The MACD value suggests CARR has a positive trend. |
| Stochastics (14,3) | 96.28 | OVERBOUGHT | The high Stochastics value suggests CARR may be overbought. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CARR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.18 | 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
64.32
+0.98 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.55%
1 Week15.7%
2 Weeks18.56%
1 Month15.58%
3 Month14.47%
6 Month14.45%
12 Month7.38%
2 Year4.6%
3 Year53.8%
5 Year47.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%3.16%
ATR Inc-4.7%
Range Today1.55
ADR(20)1.84
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.61
3 months CRS89.39
6 months CRS79.35
Mansfield-0.39
10 Day High64.43
10 Day Low53.77
20 Day High64.43
20 Day Low53.77
52 Week High81.09
52 Week Low50.24
CS1 End55.43
CR1 Start65.4
Volume & EV
DER(3)2.28%
DER(5)1.14%
Volume6.64M
Volume Incr-10.83%
Vol(5)6.27M
Vol(50)7.17M
CARRIER GLOBAL CORP / CARR TA FAQ
Can you provide the ChartMill technical rating for CARRIER GLOBAL CORP?
ChartMill assigns a technical rating of 6 / 10 to CARR.
Can you provide the trend direction for CARRIER GLOBAL CORP?
The current trend direction for CARRIER GLOBAL CORP (CARR) is Bearish.
Can you provide the RSI signal for CARRIER GLOBAL CORP?
CARRIER GLOBAL CORP (CARR) has an RSI value of 67.2325. 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 1.03116, indicating a bullish trend.
Can you provide the short term momentum for CARRIER GLOBAL CORP?
The short term momentum for CARRIER GLOBAL CORP (CARR) is positive.