CARTER'S INC (CRI) Technical Analysis
NYSE:CRI • US1462291097
Current stock price
CRI Technical Rating and Analysis
Overall CRI gets a technical rating of 7 out of 10. Although CRI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CRI has an average volume of 1243880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CRI turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- CRI is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, CRI did better than 40% of them.
- CRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRI is lagging the market.
- In the last month CRI has a been trading in the 33.87 - 41.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRI Weekly and Daily overview Charts
CRI Setup Rating and Analysis
CRI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 36.72, a Stop Loss order could be placed below this zone.
More info and screens
CRI Support and Resistance Analysis
32.70
4 important support areas can be observed.
- A support zone ranging from 35.96 to 36.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.94 from a trend line in the daily time frame.
- Support @34.23 from a horizontal line in the daily time frame.
- A support zone ranging from 33.03 to 33.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 38.52 to 39.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.17 from a trend line in the weekly time frame.
- Resistance @42.73 from a trend line in the weekly time frame.
CRI Technical Indicator Signal Analysis
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 CRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRI is up. |
| ChartMill Relative Strength | 51.77 | NEUTRAL | CRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.12 | NEUTRAL | The RSI value for CRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.7 | NEUTRAL | The Stochastics value for CRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CRI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for CRI suggests a possible start of a new trend. |
CRI Chart- and CandleStick Pattern Analysis
CRI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.17 | 35.95 | 3.22 (8.22%) | 12.16% |
| An entry @39.17. This is a Buy Stop order right above the resistance zone. | An exit @35.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.22 points, which is 8.22%. | When investing 12.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CRI Technicals: Chart, Performance Metrics, Trend & Indicators
37.2
-0.88 (-2.31%)
CARTER'S INC / CRI TA FAQ
What is the ChartMill technical rating of CARTER'S INC (CRI) stock?
ChartMill assigns a technical rating of 7 / 10 to CRI.
What is the trend direction for CRI stock?
The current trend direction for CARTER'S INC (CRI) is Bullish.
What is the RSI signal for CARTER'S INC (CRI) stock?
CARTER'S INC (CRI) has an RSI value of 53.1174. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARTER'S INC?
The MACD indicator for CARTER'S INC (CRI) has a value of 0.2595, indicating a bearish trend.
Can you provide the support and resistance levels for CARTER'S INC?
CARTER'S INC (CRI) has a support level at 36.72 and a resistance level at 38.52. Check the full technical report for our detailed analysis of CRI support and resistance levels.