FIRST TRUST S-NETWORK FUTURE (CARZ) Stock Technical Analysis
NASDAQ:CARZ - Nasdaq - US33734X3098 - ETF - Currency: USD
Taking everything into account, CARZ scores 7 out of 10 in our technical rating. CARZ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: CARZ has an average volume of 2350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CARZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CARZ is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, CARZ outperforms 54% of them, which is more or less in line with the market.
In the last month CARZ has a been trading in the 56.41 - 60.87 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.
Although CARZ has an excellent technical rating, the quality of the presented setup is not ideal 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
46.42
62.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 58.77 to 59.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.56 to 56.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.59 to 60.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.77 from a horizontal 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 CARZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARZ is up. |
| ChartMill Relative Strength | 54.34 | NEUTRAL | CARZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CARZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.09 | NEUTRAL | The RSI value for CARZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CARZ has a negative trend. |
| Stochastics (14,3) | 66.75 | NEUTRAL | The Stochastics value for CARZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for CARZ suggests low volalility. |
| Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for CARZ suggests a strong 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:CARZ (6/18/2025, 8:00:01 PM)
59.26
-0.34 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.57%
1 Week-2.31%
2 Weeks0.79%
1 Month1.13%
3 Month5.11%
6 Month2.14%
12 Month1.25%
2 Year6.11%
3 Year31.25%
5 Year91.56%
10 Year51.52%
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%1.4%
ATR Inc-68.84%
Range Today0
ADR(20)0.38
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.34
Mansfield-0.02
10 Day High60.87
10 Day Low57.94
20 Day High60.87
20 Day Low56.41
52 Week High63.1
52 Week Low41.1
CS1 End59.25
CR1 Start59.59
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr-20.59%
Vol(5)540
Vol(50)2.35K