Overall CART gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CART was also a bad performer in the overall market in the last year.
CART has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.13, a Stop Loss order could be placed below this zone.
More info and screens
36.37
We found 3 important support areas.
- A support zone ranging from 39.33 to 40.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.35 to 37.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @36.74 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.80 to 42.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.37 from a horizontal line in the weekly time frame.
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 CART is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CART is up. |
| ChartMill Relative Strength | 34.06 | NEUTRAL | CART is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CART is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CART is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CART is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.12 | NEUTRAL | The RSI value for CART is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests CART has a positive trend. |
| Stochastics (14,3) | 94.23 | OVERBOUGHT | The high Stochastics value suggests CART may be overbought. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for CART suggests some volalility. |
| Average Directional Index/ADX (14) | 21.43 | NEUTRAL | The ADX value for CART suggests a possible start of a new trend. |
42.79
+0.78 (+1.86%)
MAPLEBEAR INC / CART FAQ
What is the ChartMill technical rating of MAPLEBEAR INC (CART) stock?
ChartMill assigns a technical rating of 4 / 10 to CART.
Can you provide the trend direction for MAPLEBEAR INC?
The current trend direction for MAPLEBEAR INC (CART) is Bearish.
What is the RSI signal for MAPLEBEAR INC (CART) stock?
MAPLEBEAR INC (CART) has an RSI value of 65.1215. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAPLEBEAR INC?
The MACD indicator for MAPLEBEAR INC (CART) has a value of 0.394694, indicating a bearish trend.
Can you provide the short term momentum for MAPLEBEAR INC?
The short term momentum for MAPLEBEAR INC (CART) is positive.