MAPLEBEAR INC (CART) Technical Analysis
NASDAQ:CART • US5653941030
Current stock price
CART Technical Rating and Analysis
Taking everything into account, CART scores 0 out of 10 in our technical rating. CART scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than CART.
- CART is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 72% of 38 stocks in the same industry do better.
- CART 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 CART is lagging the market.
- In the last month CART has a been trading in the 35.18 - 39.55 range, which is quite wide. It is currently trading near the lows of this range.
- CART has an average volume of 5237090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CART Weekly and Daily overview Charts
CART Setup Rating and Analysis
CART has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 34.97, a Stop Loss order could be placed below this zone.
More info and screens
CART Support and Resistance Analysis
34.28
When analyzing the support we notice one important area.
- A support zone ranging from 34.63 to 34.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 8 important resistance areas.
- A resistance zone ranging from 37.08 to 37.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.11 to 38.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.86 from a horizontal line in the daily time frame.
- Resistance @41.37 from a trend line in the daily time frame.
- Resistance @42.06 from a trend line in the weekly time frame.
- Resistance @46.99 from a horizontal line in the daily time frame.
- Resistance @49.62 from a trend line in the weekly time frame.
- Resistance @52.37 from a horizontal line in the weekly time frame.
CART 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 CART is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CART is down. |
| ChartMill Relative Strength | 20.42 | NEGATIVE | CART has a low relative strength, it was outperformed by 79.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CART is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CART is below a declining 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) | 42.3 | NEUTRAL | The RSI value for CART is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CART has a negative trend. |
| Stochastics (14,3) | 14.94 | OVERSOLD | The low Stochastics value suggests CART may be oversold. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CART suggests some volalility. |
| Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for CART suggests a weak or negative trend. |
CART Chart- and CandleStick Pattern Analysis
CART Technicals: Chart, Performance Metrics, Trend & Indicators
35.72
-0.57 (-1.57%)
MAPLEBEAR INC / CART TA FAQ
What is the technical rating for CART stock?
ChartMill assigns a technical rating of 0 / 10 to CART.
What is the current trend direction of MAPLEBEAR INC (CART) stock?
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 42.3037. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MAPLEBEAR INC?
The short term momentum for MAPLEBEAR INC (CART) is negative.
What is the buy/sell signal for CART stock?
The buy/sell signal for MAPLEBEAR INC (CART) is sell as both the short term and long term trends are negative.