CRICUT INC - CLASS A (CRCT) Stock Technical Analysis
NASDAQ:CRCT - Nasdaq - US22658D1000 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CRCT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CRCT is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
CRCT is part of the Household Durables industry. There are 64 other stocks in this industry. CRCT outperforms 85% of them.
When compared to the yearly performance of all other stocks, CRCT outperforms 67% of them, which is more or less in line with the market.
CRCT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRCT is lagging the market slightly.
In the last month CRCT has a been trading in the 4.90 - 6.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CRCT also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.99, a Stop Loss order could be placed below this zone.
More info and screens
5.84
7.12
We found 1 important support area.
- A support zone ranging from 5.90 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.08 to 6.08. 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 6.30 to 6.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.58 from a trend line in the weekly time frame.
- 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 | UP | POSITIVE | The long term trend for CRCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRCT is up. |
| ChartMill Relative Strength | 67.44 | NEUTRAL | CRCT is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CRCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.62 | NEUTRAL | The RSI value for CRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CRCT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.61 | NEUTRAL | The Stochastics value for CRCT is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for CRCT suggests some volalility. |
| Average Directional Index/ADX (14) | 33.81 | 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)
6.06
+0.15 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.54%
1 Week-0.82%
2 Weeks-3.5%
1 Month23.67%
3 Month12.22%
6 Month16.76%
12 Month-2.73%
2 Year-35.74%
3 Year-25.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%5%
ATR Inc21.7%
Range Today0.45
ADR(20)0.28
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.44
Mansfield0.1
10 Day High6.41
10 Day Low5.73
20 Day High6.58
20 Day Low4.9
52 Week High7.17
52 Week Low3.94
CS1 End5.99
CR1 Start6.08
Volume & EV
DER(3)2.6%
DER(5)1.34%
Volume650.10K
Volume Incr-40.78%
Vol(5)383.64K
Vol(50)493.44K