CRANE CO (CR) Stock Technical Analysis
USA - NYSE:CR - US2244081046 - Common Stock
We assign a technical rating of 7 out of 10 to CR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CR is only an average performer.
Although CR 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
138.30
We found 6 important support areas.
- A support zone ranging from 183.06 to 186.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 178.40 to 179.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 175.02 to 175.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @170.07 from a horizontal line in the daily time frame.
- Support @148.81 from a trend line in the weekly time frame.
- Support @139.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 193.16 to 194.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @198.46 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 CR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CR is up. |
| ChartMill Relative Strength | 61.46 | NEUTRAL | CR is not amongst the best or worst performers 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) | 61.29 | NEUTRAL | The RSI value for CR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.52 | POSITIVE | The MACD value suggests CR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.05 | OVERBOUGHT | The high Stochastics value suggests CR may be overbought. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.28 | 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 |
|---|---|---|---|
| 194.25 | 183.05 | 11.20 (5.77%) | 17.34% |
| An entry @194.25. This is a Buy Stop order right above the resistance zone. | An exit @183.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.20 points, which is 5.77%. | For a 1.00% total portfolio risk, you can invest 17.34% 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.
191.24
-0.52 (-0.27%)
CRANE CO / CR FAQ
What is the technical rating for CR stock?
ChartMill assigns a technical rating of 7 / 10 to CR.
What is the current trend direction of CRANE CO (CR) stock?
The current trend direction for CRANE CO (CR) is Bullish.
What is the RSI signal for CR stock?
CRANE CO (CR) has an RSI value of 61.2864. This indicates that the stock is currently neutral.
What is the short term momentum for CR stock?
The short term momentum for CRANE CO (CR) is positive.
What is the buy/sell signal for CRANE CO (CR) stock?
The buy/sell signal for CRANE CO (CR) is buy as both the short term and long term trends are positive.