CRANE CO (CR) Stock Technical Analysis
NYSE:CR - New York Stock Exchange, Inc. - US2244081046 - Common Stock - Currency: USD
Taking everything into account, CR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CR has proven to be a steady performer, scoring decent points in every aspect analyzed.
CR 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 193.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CR 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.
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138.30
When analyzing the support we can see 5 important areas.
- A support zone ranging from 190.44 to 193.27. 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 183.72 to 185.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @149.69 from a trend line in the weekly time frame.
- Support @144.13 from a trend line in the weekly time frame.
- Support @139.70 from a horizontal line in the weekly 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 CR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CR is up. |
| ChartMill Relative Strength | 83.76 | POSITIVE | CR has a high relative strength, it outperformed 83.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.3 | NEUTRAL | The RSI value for CR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.38 | NEUTRAL | The Stochastics value for CR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for CR suggests a possible start of a new 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 |
|---|---|---|---|
| 203.90 | 190.43 | 13.47 (6.61%) | 15.14% |
| An entry @203.90. This is a Buy Stop order right above the 10 day high. | An exit @190.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 13.47 points, which is 6.61%. | For a 1.00% total portfolio risk, you can invest 15.14% of your capital in this trade. |
- 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.
195.71
+0.67 (+0.34%)