CRS - What Carpenter Technology is Telling us About its Future
The next move in a stock's price is often identifiable in advance. This Carpenter Technology (NYSE: CRS) report attempts to do that, and in the process help investors learn how price acton can be revealing. Trading plans for CRS make these observations actionable, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Weak | |||
| Neutral | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 28.35 | |||
| P2 | |||
| 36.44 | |||
| 37.92 | |||
| 34.23 | |||
| P3 | |||
| 38.13 | |||
| 41.32 | |||
| 41.28 |
Long Term Trading Plans for CRS
March 25, 2021, 5:15 am ET
The Technical Summary and Trading Plans for CRS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CRS Report.
CRS - (Long) Support Plan
The technical summary data tells us to buy CRS near 34.23 with an upside target of 41.28. This data also tells us to set a stop loss @ 34.13 to protect against excessive loss in case the stock begins to move against the trade. 34.23 is the first level of support below 37.19 , and by rule, any test of support is a buy signal. In this case, support 34.23 is being tested, a buy signal would exist.
CRS - (Short) Resistance Plan
The technical summary data is suggesting a short of CRS as it gets near 41.28 with a downside target of 34.23. We should have a stop loss in place at 41.4though. 41.28 is the first level of resistance above 37.19, and by rule, any test of resistance is a short signal. In this case, if resistance 41.28 is being tested, a short signal would exist.