CARVER BANCORP INC (CARV) Technical Analysis
NASDAQ:CARV • US1468756044
Current stock price
CARV Technical Rating and Analysis
Taking everything into account, CARV scores 0 out of 10 in our technical rating. CARV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than CARV.
- CARV is one of the lesser performing stocks in the Banks industry. 94% of 380 stocks in the same industry do better.
- CARV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CARV is lagging the market.
- In the last month CARV has a been trading in the 1.40 - 3.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CARV Weekly and Daily overview Charts
CARV Setup Rating and Analysis
CARV has a poor technical rating and the quality of the setup is also 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
CARV Support and Resistance Analysis
1.30
When analyzing the support we notice one important area.
- A support zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
CARV 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 CARV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CARV is down. |
| ChartMill Relative Strength | 7.63 | NEGATIVE | CARV has a low relative strength, it was outperformed by 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CARV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CARV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CARV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.33 | OVERSOLD | The low RSI value suggests CARV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CARV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.04 | OVERSOLD | The low Stochastics value suggests CARV may be oversold. |
| Average True Range in percent/ATR (20) | 19.75 | HIGH VOLATILITY | The high ATR as a percentage value for CARV suggests high volalility. |
| Average Directional Index/ADX (14) | 42.03 | POSITIVE | The high ADX value value for CARV suggests a strong trend. |
CARV Chart- and CandleStick Pattern Analysis
CARV Technicals: Chart, Performance Metrics, Trend & Indicators
1.41
-0.21 (-12.96%)
CARVER BANCORP INC / CARV TA FAQ
Can you provide the ChartMill technical rating for CARVER BANCORP INC?
ChartMill assigns a technical rating of 0 / 10 to CARV.
Can you provide the trend direction for CARVER BANCORP INC?
The current trend direction for CARVER BANCORP INC (CARV) is Bearish.
What is the RSI signal for CARV stock?
CARVER BANCORP INC (CARV) has an RSI value of 24.3298. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CARVER BANCORP INC?
The short term momentum for CARVER BANCORP INC (CARV) is negative.
What is the support and resistance level for CARV stock?
CARVER BANCORP INC (CARV) has a support level at 1.33. Check the full technical report for our detailed analysis of CARV support and resistance levels.