Is Carpenter Technology Corp. technically bullish or bearish?

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 weekly and monthly time frames, and Bollinger Bands also indicate bullishness in both periods. The daily moving averages confirm a bullish trend as well. However, the weekly RSI is bearish, and KST shows a mildly bearish signal on both weekly and monthly time frames, suggesting some caution. Despite these mixed signals, the overall bullish trend is reinforced by Dow Theory, which is bullish on both weekly and monthly time frames.
In terms of performance, Carpenter Technology Corp. 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% versus 16.90%.