CRICUT INC - CLASS A (CRCT) Stock Technical Analysis
NASDAQ:CRCT - Nasdaq - US22658D1000 - Common Stock - Currency: USD
Overall CRCT gets a technical rating of 0 out of 10. CRCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
70% of all other stocks performed better in the past year than CRCT.
CRCT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CRCT is part of the Household Durables industry. There are 63 other stocks in this industry, CRCT did better than 67% of them.
CRCT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRCT is lagging the market.
The technical rating of CRCT is bad and it also does not present a quality setup 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
5.08
7.12
We found 1 important support area.
- A support zone ranging from 5.13 to 5.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.45 to 5.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.05 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 | DOWN | NEGATIVE | The long term trend for CRCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRCT is down. |
| ChartMill Relative Strength | 30.77 | NEUTRAL | CRCT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for CRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CRCT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.56 | OVERSOLD | The low Stochastics value suggests CRCT may be oversold. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for CRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.35 | POSITIVE | The high ADX value value for CRCT 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)
5.38
-0.06 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.1%
1 Week3.46%
2 Weeks-12.52%
1 Month-17.74%
3 Month13.98%
6 Month-7.08%
12 Month-16.33%
2 Year-54.64%
3 Year-20.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.33%
ATR Inc-29.07%
Range Today0.22
ADR(20)0.25
ADR(20)%4.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.77
Mansfield-1.43
10 Day High6.15
10 Day Low5.11
20 Day High7.33
20 Day Low5.11
52 Week High7.33
52 Week Low3.94
CS1 End5.29
CR1 Start5.45
Volume & EV
DER(3)-3.42%
DER(5)-3.14%
Volume482.10K
Volume Incr-19.96%
Vol(5)556.18K
Vol(50)586.20K