CARRIER GLOBAL CORP (CARR) Stock Technical Analysis
NYSE:CARR - New York Stock Exchange, Inc. - US14448C1045 - Common Stock - Currency: USD
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CARR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CARR is one of the better performing stocks in the Building Products industry, it outperforms 72% of 41 stocks in the same industry.
CARR has an average volume of 5721260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 61% of all stocks.
In the last month CARR has a been trading in the 54.22 - 68.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CARR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 63.33. Right above this resistance zone may be a good entry point.
More info and screens
56.60
70.34
We found 1 important support area.
- Support @57.17 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 63.33 to 64.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.58 to 68.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.64 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
CRS61.72
Mansfield-0.63
10 Day High61.33
10 Day Low54.22
20 Day High68.6
20 Day Low54.22
52 Week High83.32
52 Week Low53.5
Performance
1 Week1.44%
2 Weeks-1.35%
1 Month-9.83%
3 Month-14.01%
6 Month-26.55%
12 Month11.9%
2 Year43.23%
3 Year56.52%
5 Year238.23%
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)-0.02
RSI(14)43.74
LBB55.01
UBB65.2
59.9
+0.71 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.2%
1 Week1.44%
2 Weeks-1.35%
1 Month-9.83%
3 Month-14.01%
6 Month-26.55%
12 Month11.9%
2 Year43.23%
3 Year56.52%
5 Year238.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.16
ATR(20)%4.54%
ATR Inc-50.47%
Range Today1.16
ADR(20)2.46
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.72
Mansfield-0.63
10 Day High61.33
10 Day Low54.22
20 Day High68.6
20 Day Low54.22
52 Week High83.32
52 Week Low53.5
CS1 End57.17
CR1 Start63.33
Volume & EV
DER(3)1.3%
DER(5)0.94%
Volume3.71M
Volume Incr-5.55%
Vol(5)4.91M
Vol(50)5.72M