CARPENTER TECHNOLOGY (CRS) Stock Technical Analysis
NYSE:CRS - US1442851036 - Common Stock
247.43 USD
+7.17 (+2.98%)
247.67 USD
+0.24 (+0.1%)
We assign a technical rating of 6 out of 10 to CRS. In the last year, CRS was one of the better performers, but we do observe some doubts in the very recent evolution.
When comparing the yearly performance of all stocks, we notice that CRS is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by CRS over the past year are nicely spread over this period.
CRS 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 CRS is lagging the market slightly.
CRS has an average volume of 1044450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CRS is part of the Metals & Mining industry. There are 156 other stocks in this industry, CRS did better than 53% of them.
In the last month CRS has a been trading in the 231.31 - 259.00 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
283.54
5 important support areas can be observed.
- A support zone ranging from 240.87 to 243.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @235.71 from a horizontal line in the daily time frame.
- Support @184.36 from a trend line in the weekly time frame.
- Support @165.96 from a trend line in the weekly time frame.
- Support @155.36 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 247.44 to 248.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @280.73 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 | DOWN | NEGATIVE | The short term trend for CRS is down. |
| ChartMill Relative Strength | 89.79 | POSITIVE | CRS has a high relative strength, it outperformed 89.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRS is above a declining 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) | 49.51 | NEUTRAL | The RSI value for CRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests CRS has a positive trend. |
| Stochastics (14,3) | 58.87 | NEUTRAL | The Stochastics value for CRS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CRS suggests some volalility. |
| Average Directional Index/ADX (14) | 32.79 | 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)
247.43
+7.17 (+2.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.98%
1 Week2.01%
2 Weeks2.53%
1 Month-2.81%
3 Month-0.53%
6 Month37.25%
12 Month87.22%
2 Year268.15%
3 Year694.57%
5 Year1262.5%
10 Year731.14%
15 Year634%
Volatility
ATR(14)6.14
ATR(20)%2.72%
ATR Inc51.97%
Range Today7.92
ADR(20)6.63
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.79
Mansfield1.12
10 Day High247.73
10 Day Low231.31
20 Day High259
20 Day Low231.31
52 Week High290.84
52 Week Low131.12
CS1 End243.82
CR1 Start247.44
Volume & EV
DER(3)-1.3%
DER(5)0.07%
Volume1.24M
Volume Incr5.56%
Vol(5)912.88K
Vol(50)1.04M