CARERX CORP (CRRX.CA) Stock Technical Analysis
TSX:CRRX - Toronto Stock Exchange - CA14173C1059 - Common Stock - Currency: CAD
Taking everything into account, CRRX scores 3 out of 10 in our technical rating. CRRX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CRRX is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 73% of 16 stocks in the same industry.
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 2.69 - 2.98 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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, CRRX outperforms 68% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
CRRX 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. There is a support zone below the current price at 2.85, a Stop Loss order could be placed below this zone.
More info and screens
2.04
3.06
6 important support areas can be observed.
- A support zone ranging from 2.85 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.77 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.70 from a trend line in the daily time frame.
- Support @2.57 from a horizontal line in the daily time frame.
- Support @2.15 from a trend line in the weekly time frame.
- Support @2.06 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.87 to 2.89. 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 2.96 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 | DOWN | NEGATIVE | The short term trend for CRRX.CA is down. |
| ChartMill Relative Strength | 68.83 | NEUTRAL | CRRX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRRX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRRX.CA is below a declining 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) | 47.02 | NEUTRAL | The RSI value for CRRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CRRX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.78 | NEUTRAL | The Stochastics value for CRRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CRRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.65 | 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)
TSX:CRRX (8/8/2025, 7:00:00 PM)
2.86
+0.02 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.7%
1 Week0.7%
2 Weeks-1.72%
1 Month-3.87%
3 Month5.93%
6 Month19.67%
12 Month31.19%
2 Year38.16%
3 Year-21.64%
5 Year-34.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%3.17%
ATR Inc-51.22%
Range Today0.03
ADR(20)0.09
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.83
Mansfield0.92
10 Day High2.96
10 Day Low2.7
20 Day High2.99
20 Day Low2.7
52 Week High3.24
52 Week Low1.71
CS1 End2.85
CR1 Start2.87
Volume & EV
DER(3)-0.76%
DER(5)-1.57%
Volume10.00K
Volume Incr1323.21%
Vol(5)218.60K
Vol(50)73.44K