October 16, 2025 a 06:45 am
CARR: Fibonacci Analysis - Carrier Global Corporation
Carrier Global Corporation has seen significant market fluctuations driven by its diversified portfolio in HVAC, Refrigeration, and Fire & Security technologies. Recently, the stock has experienced a downward trend, positioning it as a possible value opportunity for long-term investors. The current analysis provides a technical overview to assess potential support levels and reversal zones using Fibonacci Retracement.
Fibonacci Analysis
The analysis spans a distinct downtrend period characterized by decreasing stock prices.
| Element | Details |
|---|---|
| Start Date | 2025-07-28 |
| End Date | 2025-10-15 |
| High Point | $80.18 on 2025-07-28 |
| Low Point | $56.66 on 2025-10-10 |
Fibonacci Levels
| Fibonacci Level | Price Level |
|---|---|
| 23.6% | $61.92 |
| 38.2% | $65.122 |
| 50% | $68.42 |
| 61.8% | $71.718 |
| 78.6% | $75.28 |
Current Price: $57.21 – The stock is below the 23.6% Fibonacci retracement level, suggesting it is currently in a weak position, but this level might act as a future resistance point. Analysts should consider these levels for potential rebounds.
Conclusion
The current downtrend presents both opportunities and risks for Carrier Global's stock. While we've witnessed a decline, this retracement analysis indicates potential resistance levels that could serve as pivot points for upward movements. If the stock manages to break through the 23.6% level, further gains might be possible. However, persistent trading below this level might suggest ongoing bearish sentiment. Investors should remain cautious but optimistic about any positive reversal signals.