MAPLEBEAR INC (CART)

US5653941030 - Common Stock

43.25  +1.67 (+4.02%)

After market: 43.15 -0.1 (-0.23%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to CART. In the last year, CART was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month CART has a been trading in the 40.17 - 50.01 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CART did better than 90% of all other stocks. On top of that, CART also shows a nice and consistent pattern of rising prices.
CART is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 85% of 41 stocks in the same industry.
CART 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 CART is lagging the market slightly.
CART has an average volume of 4035210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CART Weekly chart
CART Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CART also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 41.99, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

32.58

43.68

We found 4 important support areas.

  • A support zone ranging from 40.90 to 41.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @36.41 from a trend line in the weekly time frame.
  • Support @33.45 from a trend line in the weekly time frame.
  • Support @32.91 from a trend 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
CRS90.99
Mansfield1.47
10 Day High48.51
10 Day Low40.17
20 Day High50.01
20 Day Low40.17
52 Week High50.01
52 Week Low22.13
Performance
1 Week0.75%
2 Weeks-11.12%
1 Month-1.21%
3 Month21.49%
6 Month33.61%
12 Month68.42%
2 YearN/A
3 YearN/A
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)-0.63
RSI(14)48.62
LBB39.42
UBB50.13
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
44.0440.893.15 (7.15%)13.99%
An entry @44.04. This is a Buy Stop order right above the 10 day moving average.An exit @40.89. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.15 points, which is 7.15%.When investing 13.99% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of CART. Please evaluate whether better entry and exit points can be found.
  • 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.
CART Daily chart

MAPLEBEAR INC

NASDAQ:CART (11/21/2024, 8:17:14 PM)

After market: 43.15 -0.1 (-0.23%)

43.25

+1.67 (+4.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg4.02%
1 Week0.75%
2 Weeks-11.12%
1 Month-1.21%
3 Month21.49%
6 Month33.61%
12 Month68.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.26
ATR(20)%4.41%
ATR Inc
Range Today1.65
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 High48.51
10 Day Low40.17
20 Day High50.01
20 Day Low40.17
52 Week High50.01
52 Week Low22.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.51M
Volume Incr51.84%
Vol(5)5.46M
Vol(50)4.04M