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CARR Stock Forecast & Carrier Global Corporation Chart Analysis

This article provides a detailed analysis of CARR-Carrier Global Corporation stock including a forecast for CARR shares. It features Carrier Global Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

CARR Historical Data Review

CARR Current Price Performance Analysis

The Carrier Global Corporation - CARR stock traded on the American stock market, on 06-05-2024, closed at 63.17$ with a %3.10 increased compared to the previous day.

In the last month, the price of CARR changed by %-1.39 decreased in value, from 64.06 dollars on 05-06-2024 to 63.17 dollars, decreased.

Last year, the price of CARR was 43.85 dollars on 06-06-2023, and changed by %44.06 increased in value, to 63.17 dollars increased within a year.

The price of Carrier Global Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

CARR with AI Stock Forecast & Price Target

CARR stock forecast Carrier Global Corporation price target

On the CARR chart Carrier Global Corporation price was recorded as 63.17 Dollars on 06/05/2024.

The artificial intelligence's forecast on CARR stock is as follows.

The artificial intelligence's prediction error margin for CARR stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Carrier Global Corporation stock over the next 4 months is: 74.2 Dollars.

The commentary on CARR stock Target Price: Highest: 80.315 Dollars is predicted.

The commentary on CARR stock Target Price: Lowest: 64.471 Dollars is predicted.

Resistance Price where Carrier Global Corporation stock will Rise and Fall:

Date Price Prediction
07-15-2024 72.607
10-23-2024 72.720
01-01-2025 78.602
02-20-2025 80.315

Support Price where Carrier Global Corporation stock will Fall and Rise:

Date Price Prediction
09-03-2024 69.460
10-28-2024 72.529
01-06-2025 78.424
04-11-2025 74.359

The commentary on CARR stock: The target price can generally be said to be on the rise.

The commentary on CARR stock: Fluctuations in the target price can be expected in the coming days.

The target price for Carrier Global Corporation stock by the end of 2024 is predicted to be 78.457 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CARR stock, and the 2024 target price predictions for Carrier Global Corporation are detailed above.

The technical analysis and charts for the commentary on CARR stock are below.

CARR Support & Resistance and Trend Analysis

CARR review Carrier Global Corporation technical analysis trend chart CARR priceCARR stock support and resistance price chart

CARR stock you have reviewed the technical analysis support resistance charts regarding.

CARR : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CARR review, the Carrier Global Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Carrier Global Corporation Support and Resistance Prices:

CARR Support Level Price CARR Resistance Level Price
51.20 54.19
53.13 56.42
53.23 57.36
53.33 57.50
54.56 57.55
54.71 58.02
54.79 58.58
55.34 59.18
56.45 60.54
60.87
66.50

CARR Technical Analysis: SMA, RSI, MACD

CARR review Carrier Global Corporation SMA chart analysis CARR priceCARR buy or sell review Carrier Global Corporation MACD chart analysis CARR price

Upon reviewing the CARR chart, buy and sell signals have been generated in the Carrier Global Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for CARR stock are as follows:
  1. The technical analysis for CARR indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Carrier Global Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Carrier Global Corporation stock: Click here to read more predictions on National Grid plc stock.

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