Carrier Global Corp (CARR)
Carrier Global Corporation is an American multinational home appliances corporation based in Palm Beach Gardens, Florida.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 34.91% per annum.
- CARR price at the close of June 13, 2025 was $71.24 and was lower than the bottom border of the primary price channel by $3.74 (4.98%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 37.24% per annum.
- CARR price at the close of June 13, 2025 was higher than the top border of the secondary price channel by $10.17 (16.64%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of CARR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 28, 2022
End date: December 17, 2024
a = 2.9596
b = 0.0008
s = 0.0695
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 34.91%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0695) – 1
= 32.02%
April 28, 2022 calculations
Top border of price channel:
Exp(Y472)
= Exp(a + b × X472 + 2 × s)
= Exp(a + b × 682 + 2 × s)
= Exp(2.9596 + 0.0008 × 682 + 2 × 0.0695)
= Exp(3.6581)
= $38.79
Bottom border of price channel:
Exp(Y472)
= Exp(a + b × X472 – 2 × s)
= Exp(a + b × 682 – 2 × s)
= Exp(2.9596 + 0.0008 × 682 – 2 × 0.0695)
= Exp(3.3803)
= $29.38
December 17, 2024 calculations
Top border of price channel:
Exp(Y1,135)
= Exp(a + b × X1,135 + 2 × s)
= Exp(a + b × 1,646 + 2 × s)
= Exp(2.9596 + 0.0008 × 1,646 + 2 × 0.0695)
= Exp(4.4489)
= $85.54
Bottom border of price channel:
Exp(Y1,135)
= Exp(a + b × X1,135 – 2 × s)
= Exp(a + b × 1,646 – 2 × s)
= Exp(2.9596 + 0.0008 × 1,646 – 2 × 0.0695)
= Exp(4.1711)
= $64.79
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 34.91% per annum.
- CARR price at the close of June 13, 2025 was $71.24 and was lower than the bottom border of the primary price channel by $3.74 (4.98%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 10, 2024
End date: April 30, 2025
a = 6.3651
b = -0.0013
s = 0.0374
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -37.24%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0374) – 1
= 16.13%
September 10, 2024 calculations
Top border of price channel:
Exp(Y1,066)
= Exp(a + b × X1,066 + 2 × s)
= Exp(a + b × 1,548 + 2 × s)
= Exp(6.3651 + -0.0013 × 1,548 + 2 × 0.0374)
= Exp(4.4643)
= $86.86
Bottom border of price channel:
Exp(Y1,066)
= Exp(a + b × X1,066 – 2 × s)
= Exp(a + b × 1,548 – 2 × s)
= Exp(6.3651 + -0.0013 × 1,548 – 2 × 0.0374)
= Exp(4.3148)
= $74.80
April 30, 2025 calculations
Top border of price channel:
Exp(Y1,225)
= Exp(a + b × X1,225 + 2 × s)
= Exp(a + b × 1,780 + 2 × s)
= Exp(6.3651 + -0.0013 × 1,780 + 2 × 0.0374)
= Exp(4.1682)
= $64.60
Bottom border of price channel:
Exp(Y1,225)
= Exp(a + b × X1,225 – 2 × s)
= Exp(a + b × 1,780 – 2 × s)
= Exp(6.3651 + -0.0013 × 1,780 – 2 × 0.0374)
= Exp(4.0187)
= $55.63
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 37.24% per annum.
- CARR price at the close of June 13, 2025 was higher than the top border of the secondary price channel by $10.17 (16.64%). This indicates a possible reversal in the secondary trend direction.