KD Logo

An Analysis of Carrier Global Corp (CARR)’s Potential Price Growth

Carrier Global Corp’s recent filing unveils that its Officer Jurgen Timperman acquired Company’s shares for reported $7200.0 on Aug 28 ’24. In the deal valued at $71.29 per share,101 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Agrawal Ajay sold 62,382 shares, generating $4,026,758 in total proceeds. Upon selling the shares at $64.55, the Senior VP, Strategy & Services now owns 103,066 shares.

Before that, AJAY AGRAWAL bought 62,382 shares. Carrier Global Corp shares valued at $4,026,643 were divested by the Officer at a price of $64.55 per share.

Oppenheimer reiterated its Carrier Global Corp [CARR] rating to an Outperform in a research note published on August 16, 2024; the price target was $74. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late July from “an Underperform” to “a Neutral”. Robert W. Baird also remained covering CARR and has increased its forecast on July 15, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Citigroup revised its rating on June 24, 2024. It rated CARR as “a Buy” which previously was an “a Neutral”.

Price Performance Review of CARR

On Tuesday, Carrier Global Corp [NYSE:CARR] saw its stock fall -3.74% to $70.06. Over the last five days, the stock has lost -2.29%. Carrier Global Corp shares have risen nearly 21.95% since the year began. Nevertheless, the stocks have risen 21.95% over the past one year. While a 52-week high of $73.04 was reached on 09/03/24, a 52-week low of $45.68 was recorded on 02/20/24. SMA at 50 days reached $66.46, while 200 days put it at $59.99.

Levels Of Support And Resistance For CARR Stock

The 24-hour chart illustrates a support level at 68.89, which if violated will result in even more drops to 67.73. On the upside, there is a resistance level at 72.14. A further resistance level may holdings at 74.23. The Relative Strength Index (RSI) on the 14-day chart is 56.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.93%. Stochastics %K at 85.32% indicates the stock is a selling.

How much short interest is there in Carrier Global Corp?

A steep rise in short interest was recorded in Carrier Global Corp stocks on 2024-08-15, growing by 0.16 million shares to a total of 13.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 13.0 million shares. There was a rise of 1.18%, which implies that there is a positive sentiment for the stock.

Most Popular