CRICUT INC - CLASS A (CRCT)

US22658D1000 - Common Stock

5.36  +0.04 (+0.75%)

After market: 5.36 0 (0%)

Technical Rating and Analysis

4

Overall CRCT gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CRCT was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, CRCT is a bad performer in the overall market: 87% of all stocks are doing better.
CRCT is part of the Household Durables industry. There are 67 other stocks in this industry, of which 81% are performing better than CRCT.
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.
CRCT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Weekly and Daily overview Charts
CRCT Weekly chart
CRCT Daily chart
Setup Rating and Analysis

10

Although the technical rating is only medium, CRCT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CRCT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

4.53

5.56

4 important support areas can be observed.

  • A support zone ranging from 5.30 to 5.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.74 from a horizontal line in the weekly time frame.
  • Support @4.66 from a horizontal line in the daily time frame.
  • Support @4.58 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 5.40 to 5.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.84
Mansfield-4.03
10 Day High5.53
10 Day Low4.95
20 Day High5.53
20 Day Low4.73
52 Week High17.89
52 Week Low4.43
Performance
1 Week0.94%
2 Weeks7.41%
1 Month13.56%
3 Month0.56%
6 Month-36.87%
12 Month-45.08%
2 Year-34.15%
3 Year-84.13%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)60.91
LBB4.94
UBB5.52
CRCT Daily chart

CRICUT INC - CLASS A

NASDAQ:CRCT (5/1/2024, 7:00:01 PM)

After market: 5.36 0 (0%)

5.36

+0.04 (+0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.75%
1 Week0.94%
2 Weeks7.41%
1 Month13.56%
3 Month0.56%
6 Month-36.87%
12 Month-45.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%4.46%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.53
10 Day Low4.95
20 Day High5.53
20 Day Low4.73
52 Week High17.89
52 Week Low4.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume405.90K
Volume Incr-6.99%
Vol(5)582.83K
Vol(50)919.00K