CARVER BANCORP INC (CARV) Stock Technical Analysis
USA - NASDAQ:CARV - US1468756044 - Common Stock
Taking everything into account, CARV scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CARV has proven to be a steady performer, scoring decent points in every aspect analyzed.
CARV has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.32
We found 6 important support areas.
- A support zone ranging from 2.69 to 2.70. 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 2.37 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.93 from a trend line in the daily time frame.
- Support @1.88 from a trend line in the weekly time frame.
- Support @1.77 from a trend line in the daily time frame.
- Support @1.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @2.83 from a trend line in the daily 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 CARV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARV is up. |
| ChartMill Relative Strength | 86.88 | POSITIVE | CARV has a high relative strength, it outperformed 86.88% 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) | UP | POSITIVE | The current price of CARV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CARV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.7 | NEUTRAL | The RSI value for CARV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CARV has a negative trend. |
| Stochastics (14,3) | 46.31 | NEUTRAL | The Stochastics value for CARV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for CARV suggests high volalility. |
| Average Directional Index/ADX (14) | 30.12 | POSITIVE | The high ADX value value for CARV suggests a strong 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 |
|---|---|---|---|
| 2.84 | 2.68 | 0.16 (5.63%) | 17.75% |
| An entry @2.84. This is a Buy Stop order right above the resistance zone. | An exit @2.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 5.63%. | When investing 17.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CARV. 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.
2.71
0 (0%)
CARVER BANCORP INC / CARV FAQ
Can you provide the ChartMill technical rating for CARVER BANCORP INC?
ChartMill assigns a technical rating of 9 / 10 to CARV.
What is the trend direction for CARV stock?
The current trend direction for CARVER BANCORP INC (CARV) is Bullish.
What is the RSI signal for CARV stock?
CARVER BANCORP INC (CARV) has an RSI value of 54.7032. This indicates that the stock is currently neutral.
What is the MACD signal for CARVER BANCORP INC (CARV) stock?
The MACD indicator for CARVER BANCORP INC (CARV) has a value of -0.0168617, indicating a bearish trend.
What is the buy/sell signal for CARVER BANCORP INC (CARV) stock?
The buy/sell signal for CARVER BANCORP INC (CARV) is buy as both the short term and long term trends are positive.