Technical Analysis for CARO - Carolina Financial Corporation

Grade Last Price % Change Price Change
grade F 33.57 -4.36% -1.53
CARO closed down 4.36 percent on Thursday, February 27, 2020, on 87 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical CARO trend table...

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -4.36%

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Profile

Carolina Financial Corporation operates as the holding company for CresCom Bank that provides various traditional community banking services to individuals and businesses in South Carolina. The company operates through three reportable segments: Community Banking, Wholesale Mortgage Banking, and other. Its deposit products include checking accounts, commercial accounts, savings accounts, retirement accounts, and other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, and consumer loans. It also provides online and bill payment services, wire transfer services, safe deposit box rentals, and debit card and ATM card services, as well as a network of ATMs. In addition, the company offers mortgage banking services comprising correspondent lending and loan servicing; and cash management services. It operates 12 branches, including 4 in Charleston, 3 in Dorchester, 1 in Georgetown, and 4 in Horry counties. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.
Financial Services Banking Bank Deposit Products Texas Capital Bank Real Estate Loans Service Industries Retail Banking Cash Management Services Ing Australia ATM Bank Of America Home Loans Community Banking Services Wire Transfer Services Bill Payment Services Mortgage Banking Services Card Services

Is CARO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 43.85
52 Week Low 32.52
Average Volume 106,134
200-Day Moving Average 37.27
50-Day Moving Average 40.41
20-Day Moving Average 37.84
10-Day Moving Average 36.85
Average True Range 0.84
ADX 38.84
+DI 10.39
-DI 48.55
Chandelier Exit (Long, 3 ATRs ) 37.95
Chandelier Exit (Short, 3 ATRs ) 36.07
Upper Bollinger Band 40.94
Lower Bollinger Band 34.74
Percent B (%b) -0.19
BandWidth 16.39
MACD Line -1.46
MACD Signal Line -1.08
MACD Histogram -0.3728
Fundamentals Value
Market Cap 538.96 Million
Num Shares 16.1 Million
EPS 1.82
Price-to-Earnings (P/E) Ratio 18.45
Price-to-Sales 6.27
Price-to-Book 2.15
PEG Ratio 0.00
Dividend 0.20
Dividend Yield 0.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.20
Resistance 3 (R3) 36.48 35.88 35.76
Resistance 2 (R2) 35.88 35.21 35.74 35.61
Resistance 1 (R1) 34.73 34.80 34.43 34.45 35.47
Pivot Point 34.13 34.13 33.99 33.99 34.13
Support 1 (S1) 32.98 33.46 32.68 32.70 31.67
Support 2 (S2) 32.38 33.05 32.24 31.53
Support 3 (S3) 31.23 32.38 31.38
Support 4 (S4) 30.95