CARPENTER TECHNOLOGY (CRS) Stock Technical Analysis
NYSE:CRS - New York Stock Exchange, Inc. - US1442851036 - Common Stock - Currency: USD
Taking everything into account, CRS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CRS is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by CRS over the past year are nicely spread over this period.
CRS is one of the better performing stocks in the Metals & Mining industry, it outperforms 94% of 154 stocks in the same industry.
CRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CRS has a been trading in the 249.78 - 290.84 range, which is quite wide. It is currently trading near the high of this range.
Although CRS has an excellent technical rating, it does not offer a high quality setup 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
148.01
290.29
We found 6 important support areas.
- A support zone ranging from 274.73 to 279.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @245.08 from a horizontal line in the daily time frame.
- Support @173.96 from a trend line in the weekly time frame.
- Support @161.41 from a trend line in the weekly time frame.
- Support @155.36 from a horizontal line in the weekly time frame.
- Support @149.50 from a horizontal line in the daily time frame.
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 CRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRS is up. |
| ChartMill Relative Strength | 96.63 | POSITIVE | CRS has a high relative strength, it outperformed 96.63% 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) | UP | POSITIVE | The current price of CRS is above the rising 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) | 77.37 | OVERBOUGHT | The high RSI value suggests CRS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.49 | OVERBOUGHT | The high Stochastics value suggests CRS may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CRS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.98 | POSITIVE | The high ADX value value for CRS suggests a strong 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)
287.42
+0.69 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.24%
1 Week3.4%
2 Weeks2.8%
1 Month14.52%
3 Month68.86%
6 Month39.13%
12 Month140.84%
2 Year380.15%
3 Year794.28%
5 Year1185.42%
10 Year665.64%
15 Year722.38%
Volatility
ATR(14)7.57
ATR(20)%2.68%
ATR Inc21.16%
Range Today6.44
ADR(20)7.64
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.63
Mansfield4.07
10 Day High290.84
10 Day Low265.35
20 Day High290.84
20 Day Low249.78
52 Week High290.84
52 Week Low117.57
CS1 End279.81
CR1 StartN/A
Volume & EV
DER(3)-0.5%
DER(5)0.05%
Volume639.30K
Volume Incr-44.47%
Vol(5)694.94K
Vol(50)987.53K