CARTER BANKSHARES INC (CARE) Stock Technical Analysis
NASDAQ:CARE - Nasdaq - US1461031064 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CARE. CARE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CARE has a been trading in the 17.00 - 18.62 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CARE is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CARE is part of the Banks industry. There are 405 other stocks in this industry, CARE did better than 58% of them.
CARE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARE is lagging the market.
Although the technical rating is bad, CARE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.07, a Stop Loss order could be placed below this zone.
More info and screens
12.21
18.28
4 important support areas can be observed.
- A support zone ranging from 17.06 to 17.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.55 to 16.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 16.25 to 16.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.65 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.63
Mansfield0.2
10 Day High18.62
10 Day Low17.2
20 Day High18.62
20 Day Low17
52 Week High20.4
52 Week Low10.95
Performance
1 Week-3.86%
2 Weeks-3.8%
1 Month-3.26%
3 Month-7.77%
6 Month0%
12 Month26.94%
2 Year-0.98%
3 Year3.24%
5 Year1.78%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)41.38
LBB17.24
UBB18.16
17.2
-0.26 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.49%
1 Week-3.86%
2 Weeks-3.8%
1 Month-3.26%
3 Month-7.77%
6 Month0%
12 Month26.94%
2 Year-0.98%
3 Year3.24%
5 Year1.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%3.02%
ATR Inc-24.09%
Range Today0.45
ADR(20)0.51
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.63
Mansfield0.2
10 Day High18.62
10 Day Low17.2
20 Day High18.62
20 Day Low17
52 Week High20.4
52 Week Low10.95
CS1 End17.07
CR1 Start17.65
Volume & EV
DER(3)1.68%
DER(5)2.52%
Volume72.90K
Volume Incr-22.79%
Vol(5)51.90K
Vol(50)67.62K