Technical Analysis for CARO - Carolina Financial Corporation

Grade Last Price % Change Price Change
grade C 35.23 1.97% 0.68
CARO closed up 1.97 percent on Friday, May 24, 2019, on 86 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical CARO trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 1.97%
MACD Bearish Centerline Cross Bearish 1.97%
Expansion Pivot Sell Setup Bearish Swing Setup 1.97%
Stochastic Reached Oversold Weakness 1.97%
Below Lower BB Weakness 1.97%

Older signals for CARO ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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 Economic History Of Italy Texas Capital Bank Real Estate Loans Service Industries Retail Banking Cash Management Services ATM Ing Australia 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
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 45.58
52 Week Low 27.62
Average Volume 43,135
200-Day Moving Average 35.6613
50-Day Moving Average 35.9974
20-Day Moving Average 36.742
10-Day Moving Average 36.354
Average True Range 0.9489
ADX 15.92
+DI 13.4503
-DI 28.9558
Chandelier Exit (Long, 3 ATRs ) 35.5533
Chandelier Exit (Short, 3 ATRs ) 37.0167
Upper Bollinger Band 38.4631
Lower Bollinger Band 35.0209
Percent B (%b) 0.06
BandWidth 9.36857
MACD Line -0.1614
MACD Signal Line 0.128
MACD Histogram -0.2894
Fundamentals Value
Market Cap 565.61 Million
Num Shares 16.1 Million
EPS 1.82
Price-to-Earnings (P/E) Ratio 19.36
Price-to-Sales 6.27
Price-to-Book 2.15
PEG Ratio 0.00
Dividend 0.20
Dividend Yield 0.57%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.06
Resistance 3 (R3) 36.00 35.66 35.92
Resistance 2 (R2) 35.66 35.45 35.69 35.87
Resistance 1 (R1) 35.45 35.32 35.56 35.51 35.83
Pivot Point 35.11 35.11 35.17 35.14 35.11
Support 1 (S1) 34.90 34.90 35.01 34.96 34.63
Support 2 (S2) 34.56 34.77 34.59 34.59
Support 3 (S3) 34.35 34.56 34.54
Support 4 (S4) 34.41