The stock price of Carrier Global Corporation (CARR) has shown significant movement over the past several months. As a leading provider of HVAC, refrigeration, and fire & security solutions, the company plays a critical role globally. The stock's recent price trends provide insights into potential market opportunities and risks, essential for investors focusing on the industrial sector.
The recent price data for Carrier Global Corporation shows a dominant downtrend from July 28, 2025, to August 29, 2025. Below are the Fibonacci Retracement levels calculated based on this trend.
| Information | Details |
|---|---|
| Trend Start Date | 2025-07-28 |
| Trend End Date | 2025-08-29 |
| High Price | $80.73 |
| Low Price | $65.2 |
Calculated Fibonacci Levels:
| Level | Price |
|---|---|
| 0.236 | 76.58 |
| 0.382 | 74.82 |
| 0.5 | 72.97 |
| 0.618 | 71.12 |
| 0.786 | 68.89 |
The current stock price is approximately $65.2, which is below the Fibonacci retracement levels, indicating no retracement zone currently.
Technically, if the price moves upwards and approaches any of the calculated Fibonacci levels, these areas might serve as resistance, slowing further upward movement.
Carrier Global Corporation's stock has encountered a significant downtrend, reflected in the decreasing stock prices. The calculated Fibonacci levels, serving as potential resistance points, provide insights into where the price might struggle in recovery. This analysis offers investors a perspective of where the stock might encounter resistance, especially if market conditions turn favorable. While opportunities for recovery exist, the current price trends indicate caution for investors. The underlying fundamentals of the industry and broader economic conditions should also be considered for a more comprehensive outlook.