CRICUT INC - CLASS A (CRCT) Technical Analysis
NASDAQ:CRCT • US22658D1000
Current stock price
CRCT Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, CRCT is a bad performer in the overall market: 86% of all stocks are doing better.
- CRCT is one of the lesser performing stocks in the Household Durables industry. 76% of 60 stocks in the same industry do better.
- CRCT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CRCT is lagging the market.
- In the last month CRCT has a been trading in the 3.88 - 4.76 range, which is quite wide. It is currently trading near the lows of this range.
CRCT Weekly and Daily overview Charts
CRCT Setup Rating and Analysis
CRCT has a poor technical rating and the quality of the setup is also not perfect 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
CRCT Support and Resistance Analysis
3.97
When analyzing the support we notice one important area.
- A support zone ranging from 4.01 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.33 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.49 to 4.53. 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.
CRCT Technical Indicator Signal Analysis
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 | 14.96 | NEGATIVE | CRCT has a low relative strength, it was outperformed by 85.04% off all stocks 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) | 36.89 | NEUTRAL | The RSI value for CRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CRCT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.48 | NEUTRAL | The Stochastics value for CRCT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CRCT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.36 | POSITIVE | The high ADX value value for CRCT suggests a strong trend. |
CRCT Chart- and CandleStick Pattern Analysis
CRCT Technicals: Chart, Performance Metrics, Trend & Indicators
4.07
+0.05 (+1.24%)
CRICUT INC - CLASS A / CRCT TA FAQ
What is the ChartMill technical rating of CRICUT INC - CLASS A (CRCT) stock?
ChartMill assigns a technical rating of 0 / 10 to CRCT.
What is the current trend direction of CRICUT INC - CLASS A (CRCT) stock?
The current trend direction for CRICUT INC - CLASS A (CRCT) is Bearish.
What is the RSI signal for CRCT stock?
CRICUT INC - CLASS A (CRCT) has an RSI value of 36.8939. This indicates that the stock is currently neutral.
What is the short term momentum for CRCT stock?
The short term momentum for CRICUT INC - CLASS A (CRCT) is negative.
What is the support and resistance level for CRCT stock?
CRICUT INC - CLASS A (CRCT) has a support level at 4.04 and a resistance level at 4.33. Check the full technical report for our detailed analysis of CRCT support and resistance levels.