We assign a technical rating of 0 out of 10 to CRCT. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CRCT is a bad performer in the overall market: 78% of all stocks are doing better.
- CRCT is part of the Household Durables industry. There are 60 other stocks in this industry, of which 66% are performing better than CRCT.
- CRCT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CRCT has a been trading in the 4.19 - 4.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
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
4.57
When analyzing the resistance we notice 5 important areas.
- Resistance @4.72 from a trend line in the daily time frame.
- A resistance zone ranging from 5.21 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.14 to 6.21. 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 | 22.3 | NEGATIVE | CRCT has a low relative strength, it was outperformed by 77.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRCT is above 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) | UP | MIXED | The current price of CRCT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.15 | NEUTRAL | The RSI value for CRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CRCT has a positive trend. |
| Stochastics (14,3) | 77.82 | NEUTRAL | The Stochastics value for CRCT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for CRCT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.34 | POSITIVE | The high ADX value value for CRCT suggests a strong trend. |
4.62
+0.15 (+3.36%)
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 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 51.1467. 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 neutral.
What is the support and resistance level for CRCT stock?
CRICUT INC - CLASS A (CRCT) has a resistance level at 4.72. Check the full technical report for our detailed analysis of CRCT support and resistance levels.