Taking everything into account, CRCT scores 1 out of 10 in our technical rating. 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.
CRCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.09. Right above this resistance zone may be a good entry point.
More info and screens
4.49
We found 1 important support area.
- A support zone ranging from 4.54 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.09 to 5.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.45 to 6.49. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for CRCT is neutral. |
| ChartMill Relative Strength | 20.15 | NEGATIVE | CRCT has a low relative strength, it was outperformed by 79.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRCT is above the rising 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) | 51.72 | NEUTRAL | The RSI value for CRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CRCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.37 | OVERBOUGHT | The high Stochastics value suggests CRCT may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CRCT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for CRCT suggests a possible start of a new trend. |
4.97
-0.11 (-2.17%)
CRICUT INC - CLASS A / CRCT FAQ
What is the ChartMill technical rating of CRICUT INC - CLASS A (CRCT) stock?
ChartMill assigns a technical rating of 1 / 10 to CRCT.
Can you provide the trend direction for CRICUT INC - CLASS A?
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 51.7154. This indicates that the stock is currently neutral.
What is the support and resistance level for CRCT stock?
CRICUT INC - CLASS A (CRCT) has a support level at 4.65 and a resistance level at 5.09. Check the full technical report for our detailed analysis of CRCT support and resistance levels.