Carrier Global Corp (CARR)

Carrier Global Corp is trading at $54.73, up 0.90% on the session. The 50 day average sits at $58.31 and the 200 day at $61.70, which puts the stock in a downtrend. RSI is at 41.6, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $54.00 with resistance near $56.71, so that band frames the current range. Average daily movement is roughly $1.45, or about 2.7% of the share price, which is what any stop placement has to allow for. The overall health score of 44 out of 100 combines a trend score of 3, momentum of 53 and a risk score of 96.

Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.