Carrier Global Corporation | CARR

Daily Technical Analysis of Carrier Global Corporation

Carrier Global is up a bit on the day, funds flowing in kept the price up 2.12% since yesterday.

The company isn't at an immediate support or resistance level that might be predictive. Carrier Global has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. CARR might find some support at the 59.05 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Carrier Global By Price Target And Rating

The analysts are pretty neutral on Carrier Global right now, so not much useful information here. The current Analysts Sentiment Score is 4.20. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-26 Barclays increased their price target by 1.28% to $79.00. Oppenheimer reiterated a rating of Outperform on 2024-04-18 and added a price target of $63.00. On 2024-04-08 Citigroup increased their price target by 5% to $63.00. Royal Bank of Canada announced a lowering of their price target to $60.00 from $63.00 on 2024-02-07. Wells Fargo & Company dropped their price target by -9.52% to $57.00 on 2024-02-07. On 2023-10-12 there was a downgrade announced by Wolfe Research from Peer Perform to Underperform and added a price target of $56.00. JPMorgan Chase & Co. released a downgrade on 2023-10-06 from Neutral to Underweight and they set their price target at $53.00. Bank of America released a downgrade on 2023-10-05 from Neutral to Underperform and decided to decrease their price target by -11.29% down to $55.00. Morgan Stanley gave a boost to their price target and moved to $59.00 from $57.00 on 2023-09-22. Mizuho downgraded from Buy to Neutral on 2023-09-14 and decided to decrease their price target by -3.17% down to $61.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Carrier Global

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Carrier Global

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.