CARTER'S INC (CRI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRI - US1462291097 - Common Stock
We assign a technical rating of 3 out of 10 to CRI. CRI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CRI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 32.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.89, a Stop Loss order could be placed below this zone.
More info and screens
27.19
5 important support areas can be observed.
- A support zone ranging from 30.79 to 30.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.83 from a horizontal line in the daily time frame.
- Support @29.14 from a trend line in the daily time frame.
- Support @28.22 from a horizontal line in the daily time frame.
- A support zone ranging from 27.46 to 27.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.33 to 33.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CRI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRI is neutral. |
| ChartMill Relative Strength | 15.44 | NEGATIVE | CRI has a low relative strength, it was outperformed by 84.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.66 | NEUTRAL | The RSI value for CRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.92 | NEUTRAL | The Stochastics value for CRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CRI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for CRI suggests a weak or negative trend. |
31.11
-0.76 (-2.38%)
CARTER'S INC / CRI FAQ
What is the ChartMill technical rating of CARTER'S INC (CRI) stock?
ChartMill assigns a technical rating of 3 / 10 to CRI.
Can you provide the trend direction for CARTER'S INC?
The current trend direction for CARTER'S INC (CRI) is Bearish.
What is the RSI signal for CRI stock?
CARTER'S INC (CRI) has an RSI value of 49.6635. This indicates that the stock is currently neutral.
What is the MACD signal for CARTER'S INC (CRI) stock?
The MACD indicator for CARTER'S INC (CRI) has a value of 0.0241193, indicating a bearish trend.
What is the short term momentum for CRI stock?
The short term momentum for CARTER'S INC (CRI) is neutral.