MAX AUTO 3X LEVERAGED (CARU) Stock Technical Analysis
NYSEARCA:CARU - NYSE Arca - US0636794762 - ETF - Currency: USD
Overall CARU gets a technical rating of 8 out of 10. In the last year, CARU was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: CARU has an average volume of 632 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CARU did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CARU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARU is lagging the market.
In the last month CARU has a been trading in the 24.45 - 30.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CARU has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.78
30.43
When analyzing the support we can see 4 important areas.
- A support zone ranging from 26.57 to 27.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.86 from a horizontal line in the weekly time frame.
- Support @24.44 from a horizontal line in the daily time frame.
- Support @16.95 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @28.34 from a trend line in the daily time frame.
- A resistance zone ranging from 29.66 to 30.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CARU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARU is up. |
| ChartMill Relative Strength | 87.89 | POSITIVE | CARU has a high relative strength, it outperformed 87.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CARU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for CARU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CARU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.44 | NEUTRAL | The Stochastics value for CARU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for CARU suggests some volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for CARU suggests a weak or negative trend. |
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)
NYSEARCA:CARU (7/15/2025, 8:04:02 PM)
28.2641
-1.41 (-4.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.77%
1 Week-1.84%
2 Weeks4.78%
1 Month13.67%
3 Month62.89%
6 Month-8.55%
12 Month6.66%
2 Year-18.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.87%
ATR Inc9.1%
Range Today0
ADR(20)0.12
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.89
Mansfield0.45
10 Day High30.13
10 Day Low27.72
20 Day High30.13
20 Day Low24.45
52 Week High35.49
52 Week Low14.01
CS1 End27.04
CR1 Start28.34
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-69.89%
Vol(5)140
Vol(50)632