CARVER BANCORP INC (CARV) Stock Technical Analysis
NASDAQ:CARV - Nasdaq - US1468756044 - Common Stock - Currency: USD
Overall CARV gets a technical rating of 1 out of 10. CARV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
78% 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 396 stocks in the same industry do better.
CARV 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 CARV is lagging the market.
Warning: CARV has an average volume of 14302 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month CARV has a been trading in the 1.30 - 1.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CARV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CARV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.27
1.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.39 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
- Support @1.28 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.52 from a horizontal line in the daily time frame.
- Resistance @1.66 from a trend line in the daily time frame.
- A resistance zone ranging from 1.86 to 1.88. 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 | DOWN | NEGATIVE | The long term trend for CARV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CARV is neutral. |
| ChartMill Relative Strength | 22.72 | NEGATIVE | CARV has a low relative strength, it was outperformed by 77.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CARV is above 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) | 56.13 | NEUTRAL | The RSI value for CARV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CARV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.29 | NEUTRAL | The Stochastics value for CARV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for CARV suggests high volalility. |
| Average Directional Index/ADX (14) | 9.76 | NEGATIVE | The low ADX value for CARV 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)
NASDAQ:CARV (5/23/2025, 9:17:55 PM)
1.48
-0.03 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.99%
1 Week8.03%
2 Weeks5.42%
1 Month12.98%
3 Month-14.2%
6 Month-11.38%
12 Month-19.13%
2 Year-58.77%
3 Year-87.41%
5 Year-16.62%
10 Year-64.76%
15 Year-81.5%
Volatility
ATR(14)0.09
ATR(20)%5.82%
ATR Inc-17.51%
Range Today0.11
ADR(20)0.08
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.72
Mansfield-1.41
10 Day High1.54
10 Day Low1.3
20 Day High1.54
20 Day Low1.3
52 Week High2.39
52 Week Low1.3
CS1 End1.42
CR1 Start1.52
Volume & EV
DER(3)3.08%
DER(5)-7.62%
Volume3.90K
Volume Incr56.04%
Vol(5)21.90K
Vol(50)14.30K