Is Carpenter Technology Corp. technically bullish or bearish?
As of October 24, 2025, Carpenter Technology Corp. shows a bullish trend supported by strong MACD and Bollinger Bands indicators, despite a bearish weekly RSI, and has significantly outperformed the S&P 500 with year-to-date and one-year returns of 85.15% and 103.54%, respectively.
As of 24 October 2025, the technical trend for Carpenter Technology Corp. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands also indicate bullishness in both periods. Daily moving averages are bullish, reinforcing the positive trend. However, the weekly RSI is bearish, which suggests some short-term weakness. Despite this, the overall Dow Theory remains bullish on both weekly and monthly time frames.Carpenter Technology has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 85.15% compared to the S&P 500's 15.47%, and a one-year return of 103.54% against 16.90%.
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