Carrier Global Corporation Surges to 295th in Trading Volume with $386 Million Turnover

On July 18, 2025, Carrier Global Corporation (CARR) experienced a significant increase in trading volume, with a total turnover of $386 million, marking an 81.55% rise from the previous day. This surge placed Carrier among the top 295 most actively traded stocks for the day. However, despite the high trading volume, the stock price closed down 0.39% at $76.63.

Robert W. Baird has adjusted its price target for Carrier Global, reducing it from $88.00 to $85.00 while maintaining an "outperform" rating. This adjustment comes as analysts polled by FactSet give Carrier an average rating of overweight with a mean price target of $84.28.

Carrier Global's stock price has shown volatility, with a 1.10% fluctuation from a day low of $76.42 to a day high of $77.26. The stock has seen a 1.3% gain over the past two weeks, but the recent increase in volume on falling prices may indicate a slight increase in risk over the next few days. The stock is currently in a strong rising trend, which could present a good selling opportunity for short-term traders.

Technical indicators suggest that Carrier Global's stock holds buy signals from both short and long-term moving averages, indicating a positive forecast. However, there are also some negative signals, such as a sell signal from a pivot top point on July 17, 2025, which may influence near-term development. Support levels are identified at $76.34 and $73.13, with a recommended stop-loss at $74.46.

For the upcoming trading day on July 21, 2025, Carrier Global is expected to open at $76.77, with a possible trading range of $75.99 to $77.27. The stock's proximity to resistance levels suggests that the trading risk/reward may not be attractive until it moves closer to support levels.

Despite some technical weaknesses, several short-term signals and a general good trend suggest that Carrier Global's stock may hold a buying opportunity. The stock is expected to rise 17.97% over the next three months, with a 90% probability of holding a price between $82.49 and $90.98 by the end of this period.