CARRIER GLOBAL CORP (CARR) Technical Analysis
NYSE:CARR • US14448C1045
Current stock price
58.29 USD
+2.85 (+5.14%)
At close:
58.29 USD
0 (0%)
After Hours:
CARR Technical Rating and Analysis
Taking everything into account, CARR scores 2 out of 10 in our technical rating. CARR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 63% 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 53.77 - 60.20 range, which is quite wide. It is currently trading near the high of this range.
- CARR has an average volume of 7406770 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 63% of 42 stocks in the same industry.
CARR Weekly and Daily overview Charts
CARR Setup Rating and Analysis
CARR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
CARR Support and Resistance Analysis
51.88
82.43
2 important support areas can be observed.
- Support @54.57 from a trend line in the daily time frame.
- Support @52.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 59.26 to 60.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.17 from a trend line in the weekly time frame.
- Resistance @63.32 from a trend line in the daily time frame.
- Resistance @65.41 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CARR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CARR is neutral. |
| ChartMill Relative Strength | 37.35 | NEUTRAL | CARR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CARR is above 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) | 52.28 | NEUTRAL | The RSI value for CARR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CARR has a positive trend. |
| Stochastics (14,3) | 41.52 | NEUTRAL | The Stochastics value for CARR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CARR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.36 | 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
58.29
+2.85 (+5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg5.14%
1 Week3.52%
2 Weeks-0.5%
1 Month-0.24%
3 Month3.63%
6 Month2.88%
12 Month-1.64%
2 Year-5.2%
3 Year39.38%
5 Year33.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.07
ATR(20)%3.33%
ATR Inc11.13%
Range Today0.96
ADR(20)1.74
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.35
3 months CRS74.18
6 months CRS57.69
Mansfield-1.18
10 Day High59.9
10 Day Low53.77
20 Day High60.2
20 Day Low53.77
52 Week High81.09
52 Week Low50.24
CS1 End54.57
CR1 Start59.26
Volume & EV
DER(3)0.88%
DER(5)0.65%
Volume5.96M
Volume Incr-25.48%
Vol(5)5.36M
Vol(50)7.41M
CARRIER GLOBAL CORP / CARR TA FAQ
Can you provide the ChartMill technical rating for CARRIER GLOBAL CORP?
ChartMill assigns a technical rating of 2 / 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 52.2811. 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 0.163424, indicating a bearish trend.
Can you provide the short term momentum for CARRIER GLOBAL CORP?
The short term momentum for CARRIER GLOBAL CORP (CARR) is neutral.