Overall CART gets a technical rating of 7 out of 10. CART has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, CART also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 45.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.95, a Stop Loss order could be placed below this zone.
More info and screens
37.00
2 important support areas can be observed.
- A support zone ranging from 44.73 to 44.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.37 to 37.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 45.32 to 45.40. 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 46.25 to 46.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @51.22 from a horizontal line in the weekly time frame.
- 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 | UP | POSITIVE | The long term trend for CART is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CART is up. |
| ChartMill Relative Strength | 70.63 | POSITIVE | CART has a high relative strength, it outperformed 70.63% 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) | UP | POSITIVE | The current price of CART is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CART is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.11 | NEUTRAL | The RSI value for CART is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests CART has a negative trend. |
| Stochastics (14,3) | 60.17 | NEUTRAL | The Stochastics value for CART is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CART suggests some volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for CART suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.41 | 44.72 | 0.69 (1.52%) | 25.00% |
| An entry @45.41. This is a Buy Stop order right above the resistance zone. | An exit @44.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.69 points, which is 1.52%. | For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CART. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
44.96
-0.41 (-0.9%)
MAPLEBEAR INC / CART FAQ
What is the ChartMill technical rating of MAPLEBEAR INC (CART) stock?
ChartMill assigns a technical rating of 7 / 10 to CART.
Can you provide the trend direction for MAPLEBEAR INC?
The current trend direction for MAPLEBEAR INC (CART) is Bullish.
What is the RSI signal for MAPLEBEAR INC (CART) stock?
MAPLEBEAR INC (CART) has an RSI value of 56.1125. 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 -0.168246, indicating a bearish trend.
Can you provide the short term momentum for MAPLEBEAR INC?
The short term momentum for MAPLEBEAR INC (CART) is positive.