CARRIER GLOBAL CORP (CARR) Stock Technical Analysis
NYSE:CARR - New York Stock Exchange, Inc. - US14448C1045 - Common Stock - Currency: USD
Taking everything into account, CARR scores 1 out of 10 in our technical rating. CARR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CARR is one of the better performing stocks in the Building Products industry, it outperforms 82% of 40 stocks in the same industry.
In the last month CARR has a been trading in the 62.76 - 70.52 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 5627180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CARR outperforms 59% of them, which is more or less in line with the market.
CARR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARR is lagging the market.
Although the technical rating is bad, CARR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 66.22. Right above this resistance zone may be a good entry point.
More info and screens
61.28
81.69
We found 3 important support areas.
- Support @64.17 from a horizontal line in the weekly time frame.
- Support @63.15 from a horizontal line in the daily time frame.
- Support @61.90 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 66.22 to 66.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 69.64 to 70.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @80.88 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.62
Mansfield-0.88
10 Day High67.96
10 Day Low62.76
20 Day High70.52
20 Day Low62.76
52 Week High83.32
52 Week Low53.33
Performance
1 Week3.86%
2 Weeks1.41%
1 Month-5.37%
3 Month-14.12%
6 Month-7.19%
12 Month22.01%
2 Year46.86%
3 Year47.35%
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)0.38
RSI(14)48.56
LBB62.65
UBB67.44
66.13
-0.98 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.46%
1 Week3.86%
2 Weeks1.41%
1 Month-5.37%
3 Month-14.12%
6 Month-7.19%
12 Month22.01%
2 Year46.86%
3 Year47.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%2.64%
ATR Inc21.89%
Range Today2.33
ADR(20)1.45
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.62
Mansfield-0.88
10 Day High67.96
10 Day Low62.76
20 Day High70.52
20 Day Low62.76
52 Week High83.32
52 Week Low53.33
CS1 End64.17
CR1 Start66.22
Volume & EV
DER(3)1.72%
DER(5)2.72%
Volume8.04M
Volume Incr2.74%
Vol(5)6.74M
Vol(50)5.63M