CARRIER GLOBAL CORP (CARR)

US14448C1045 - Common Stock

76.01  +1.51 (+2.03%)

Premarket: 76.01 0 (0%)

Technical Rating and Analysis

9

Overall CARR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CARR has proven to be a steady performer, scoring decent points in every aspect analyzed.

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 CARR is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by CARR over the past year are nicely spread over this period.
CARR 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 CARR is lagging the market slightly.
In the last month CARR has a been trading in the 72.31 - 77.37 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.
CARR has an average volume of 4150530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CARR is part of the Building Products industry. There are 39 other stocks in this industry, CARR did better than 57% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CARR Weekly chart
CARR Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CARR also presents 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 75.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

61.25

83.50

We found 4 important support areas.

  • A support zone ranging from 74.63 to 75.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 72.40 to 72.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @65.44 from a trend line in the daily time frame.
  • Support @61.87 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 81.61 to 82.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.24
Mansfield0.58
10 Day High77.37
10 Day Low73.33
20 Day High77.37
20 Day Low72.31
52 Week High83.32
52 Week Low51.2
Performance
1 Week1.39%
2 Weeks1.17%
1 Month4.27%
3 Month6.68%
6 Month15.78%
12 Month43.47%
2 Year71.5%
3 Year40.45%
5 YearN/A
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)0.13
RSI(14)51.04
LBB72.76
UBB77.24
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
77.3874.622.76 (3.57%)25.00%
An entry @77.38. This is a Buy Stop order right above the 10 day high.An exit @74.62. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.76 points, which is 3.57%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CARR Daily chart

CARRIER GLOBAL CORP

NYSE:CARR (11/21/2024, 8:17:14 PM)

Premarket: 76.01 0 (0%)

76.01

+1.51 (+2.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.03%
1 Week1.39%
2 Weeks1.17%
1 Month4.27%
3 Month6.68%
6 Month15.78%
12 Month43.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.65
ATR(20)%2.12%
ATR Inc
Range Today2.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High77.37
10 Day Low73.33
20 Day High77.37
20 Day Low72.31
52 Week High83.32
52 Week Low51.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.42M
Volume Incr32.34%
Vol(5)5.95M
Vol(50)4.15M