CARRIER GLOBAL CORP (CARR)

US14448C1045 - Common Stock

68.49  +1.8 (+2.7%)

After market: 68.49 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to CARR. 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.

In the last month CARR has a been trading in the 66.63 - 78.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CARR has an average volume of 4691920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, CARR turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
CARR is part of the Building Products industry. There are 39 other stocks in this industry, CARR did better than 47% of them.
CARR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CARR is lagging the market slightly.
Weekly and Daily overview Charts
CARR Weekly chart
CARR Daily chart
Setup Rating and Analysis

2

The technical rating of CARR is bad and it also does not present a 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.

Support and Resistance Analysis

62.31

81.69

2 important support areas can be observed.

  • Support @66.69 from a horizontal line in the daily time frame.
  • Support @62.94 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 73.62 to 73.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 75.39 to 77.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @80.88 from a horizontal line in the daily time frame.
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
CRS56.33
Mansfield-0.44
10 Day High74.49
10 Day Low66.63
20 Day High78.96
20 Day Low66.63
52 Week High83.32
52 Week Low53.13
Performance
1 Week-6.19%
2 Weeks-7.03%
1 Month-9.89%
3 Month-14.3%
6 Month8.92%
12 Month19.95%
2 Year66.04%
3 Year26.27%
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)-0.72
RSI(14)32.77
LBB66.52
UBB77.61
CARR Daily chart

CARRIER GLOBAL CORP

NYSE:CARR (12/20/2024, 9:52:17 PM)

After market: 68.49 0 (0%)

68.49

+1.8 (+2.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.7%
1 Week-6.19%
2 Weeks-7.03%
1 Month-9.89%
3 Month-14.3%
6 Month8.92%
12 Month19.95%
2 Year66.04%
3 Year26.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%2.45%
ATR Inc30.02%
Range Today2.44
ADR(20)1.6
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.33
Mansfield-0.44
10 Day High74.49
10 Day Low66.63
20 Day High78.96
20 Day Low66.63
52 Week High83.32
52 Week Low53.13
CS1 End66.69
CR1 Start73.62
Volume & EV
DER(3)-1.88%
DER(5)-1.54%
Volume11.23M
Volume Incr88.2%
Vol(5)8.31M
Vol(50)4.69M