CARPENTER TECHNOLOGY (CRS) Stock Technical Analysis
USA - NYSE:CRS - US1442851036 - Common Stock
250.85 USD
+18.45 (+7.94%)
250.85 USD
0 (0%)
We assign a technical rating of 6 out of 10 to CRS. In the last year, CRS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
CRS is one of the lesser performing stocks in the Metals & Mining industry. 60% of 156 stocks in the same industry do better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, CRS did better than 83% of all other stocks. We also observe that the gains produced by CRS over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
CRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRS is lagging the market.
In the last month CRS has a been trading in the 228.00 - 255.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRS has an average technical rating and also the quality of the setup is only medium 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
153.81
290.30
5 important support areas can be observed.
- A support zone ranging from 239.82 to 242.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @232.39 from a horizontal line in the daily time frame.
- Support @188.82 from a trend line in the weekly time frame.
- Support @167.91 from a trend line in the weekly time frame.
- Support @155.36 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 287.43 to 287.43. 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 | NEUTRAL | NEUTRAL | The long term trend for CRS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRS is neutral. |
| ChartMill Relative Strength | 83.24 | POSITIVE | CRS has a high relative strength, it outperformed 83.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.83 | NEUTRAL | The RSI value for CRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests CRS has a positive trend. |
| Stochastics (14,3) | 36.93 | NEUTRAL | The Stochastics value for CRS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CRS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for CRS suggests a possible start of a new 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)
250.85
+18.45 (+7.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.94%
1 Week4.59%
2 Weeks4.5%
1 Month3.42%
3 Month-9.05%
6 Month38.38%
12 Month57.76%
2 Year273.23%
3 Year705.56%
5 Year1281.33%
10 Year742.63%
15 Year644.14%
Volatility
ATR(14)7.95
ATR(20)%3.15%
ATR Inc90.53%
Range Today17.75
ADR(20)7.74
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.24
Mansfield0.85
10 Day High252.1
10 Day Low228
20 Day High255.99
20 Day Low228
52 Week High290.84
52 Week Low138.61
CS1 End242.12
CR1 Start287.43
Volume & EV
DER(3)0.56%
DER(5)1.04%
Volume1.01M
Volume Incr2.74%
Vol(5)993.12K
Vol(50)931.29K