CARERX CORP (CRRX.CA) Stock Technical Analysis
TSX:CRRX - Toronto Stock Exchange - CA14173C1059 - Common Stock - Currency: CAD
Overall CRRX gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRRX is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CRRX is one of the better performing stocks in the market, outperforming 75% of all stocks.
CRRX is part of the Consumer Staples Distribution & Retail industry. There are 16 other stocks in this industry. CRRX outperforms 80% of them.
CRRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRRX is lagging the market slightly.
In the last month CRRX has a been trading in the 2.78 - 3.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CRRX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.87, a Stop Loss order could be placed below this zone.
More info and screens
2.00
3.06
6 important support areas can be observed.
- A support zone ranging from 2.83 to 2.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.77 from a horizontal line in the daily time frame.
- Support @2.66 from a trend line in the daily time frame.
- A support zone ranging from 2.54 to 2.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.10 from a trend line in the weekly time frame.
- Support @2.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.00 to 3.03. 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 | UP | POSITIVE | The long term trend for CRRX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRRX.CA is neutral. |
| ChartMill Relative Strength | 75.79 | POSITIVE | CRRX.CA has a high relative strength, it outperformed 75.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRRX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRRX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.68 | NEUTRAL | The RSI value for CRRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRRX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.43 | OVERSOLD | The low Stochastics value suggests CRRX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CRRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.86 | NEGATIVE | The low ADX value for CRRX.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 3.04 | 2.86 | 0.18 (5.92%) | 16.89% |
| An entry @3.04. This is a Buy Stop order right above the resistance zone. | An exit @2.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 5.92%. | When investing 16.89% 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.
TSX:CRRX (7/4/2025, 7:00:00 PM)
2.94
+0.06 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.08%
1 Week-0.34%
2 Weeks0.34%
1 Month3.16%
3 Month10.94%
6 Month39.34%
12 Month38.68%
2 Year36.74%
3 Year-21.39%
5 Year-36.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.48%
ATR Inc31.68%
Range Today0.08
ADR(20)0.07
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.79
Mansfield1.56
10 Day High3
10 Day Low2.87
20 Day High3.24
20 Day Low2.78
52 Week High3.24
52 Week Low1.71
CS1 End2.87
CR1 Start3
Volume & EV
DER(3)0%
DER(5)0%
Volume10.42K
Volume Incr922.89%
Vol(5)326.25K
Vol(50)51.29K