CRS Carpenter Technology Corp
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 12-month channel rising
Closed below support (US$613.33). Treat the buy level with caution.
- 12-month channel
- US$615.28 – US$934.02 · rising, +73% a year
- Price in channel
- −104% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$930.38
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -55% from US$619.036 July 2026 → 28 Oct 2026
- Whose problem it was
- This company0 of 2 Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 1%of what it lost
- What the record says
- 60% of 633 comparable falls came back, typically in 122 days measured across every stock we hold history for, its peer group being too small
Fell -55% (6 July 2026 → 28 Oct 2026); regained 1% so far; company-specific.
Reported at the time: Top 3 Industrials Stocks That May Fall Off A Cliff This Quarter — 1 July 2026
Price history, with the path projected 3 months forward
Updated 4:05 PM ET (44 h ago)
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$283.17
level as at 1 Nov 2026
Our target
US$339.80
by 13 Dec 2026
Projected move
20.0%
gross, before costs
Price is at or below our buy.
Target: CRS's usual move size (20.0%), the best return per day on this path.
This move size: reached in 40% of 12 past stretches, typically in 42 days. (0.48% per day)
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 51%
- Fitted
- 1 Nov 2026
Company information
About Carpenter Technology Corporation
Carpenter Technology Corporation develops, manufactures, and distributes stainless steels and corrosion-resistant nickel, copper and titanium alloys as well as powdered alloys for 3D additive manufacturing. In fiscal year 2018, the company's revenues were derived from the aerospace and defense industry (55%), the industrial and consumer industry (17%), the medical industry (8%), the transportation industry (7%), the energy industry (7%), and the distribution industry (6%).
- Sector
- Basic Materials
- Industry
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.