NASDAQ:CART • US5653941030
We assign a technical rating of 1 out of 10 to CART. 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.
Although the technical rating is bad, CART does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.88, a Stop Loss order could be placed below this zone.
34.28
When analyzing the support we notice one important area.
We can see 5 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for CART is neutral. |
| ChartMill Relative Strength | 24.13 | NEGATIVE | CART has a low relative strength, it was outperformed by 75.87% off all stocks 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) | 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) | 51.49 | NEUTRAL | The RSI value for CART is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CART has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.76 | NEUTRAL | The Stochastics value for CART is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for CART suggests some volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for CART suggests a weak or negative trend. |
37.71
+0.83 (+2.25%)
ChartMill assigns a technical rating of 1 / 10 to CART.
The current trend direction for MAPLEBEAR INC (CART) is Bearish.
MAPLEBEAR INC (CART) has an RSI value of 51.4918. This indicates that the stock is currently neutral.
The short term momentum for MAPLEBEAR INC (CART) is neutral.