Carpenter Technology Corporation

Stage 4 · Declining · week 1

As of Oct 22, 2026, Carpenter Technology is in Stage 4, the downtrend phase, now in its first week (since Oct 19, 2026). It closed at $292.26, 52.8% below its 52-week high and below its 200-day average, which is rising.

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. More about the company

$292.26

-20.37% today

$14.5B · Large cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 24w

S2 52w

S2 16w

S2 44w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 24w → S3 8w → S2 52w → S3 6w → S2 16w → S3 8w → S2 44w → S3 6w → S4 1w current

Total tracked: 166 weeks across 9 stage runs.

CRS among Metal Fabrication5th of 18 by relative strength

All 18 →

Stocks in Metal Fabrication ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	APAmpco-Pittsburgh Corporation	Stage 2 · wk 4	98	−7.2%
2	ATIATI Inc.	Stage 3 · wk 1	94	−12.1%
3	PRLBProto Labs, Inc.	Stage 2 · wk 43	88	−5.4%
4	RYZRyerson Holding Corporation	Stage 4 · wk 3	72	+17.9%
5	CRSCarpenter Technology Corporation	Stage 4 · wk 1	68	−26.0%
6	WORWorthington Enterprises, Inc.	Stage 2 · wk 19	65	+7.9%
7	TPCSTechPrecision Corporation	Stage 2 · wk 12	61	−1.3%
8	TGTredegar Corporation	Stage 4 · wk 15	60	+14.6%

vs 52W High

-52.8%

$244.30 lo$618.66 hi

52.8% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 1

1w13w26w

Week 1, early Stage 4 decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-34.2%

200 DMA: $444.27 · rising

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

3.75x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-26.0%

-51.5%

-31.4%

YTD

-13.4%

+17.6%

Scan Membership

Breakout Watch

Latest: 2025-05-14

9 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 1 · Vol 3.75x

2026-10-21S4

Wk 1 · Vol 0.82x

2026-10-20S4

Wk 1 · Vol 0.91x

2026-10-19S43→4

Wk 1 · Vol 0.99x

2026-10-16S3

Wk 7 · Vol 0.70x

2026-10-15S3

Wk 7 · Vol 1.22x

2026-10-14S3

Wk 6 · Vol 0.92x

2026-10-13S3

Wk 6 · Vol 0.73x

2026-10-12S3

Wk 6 · Vol 0.99x

2026-10-09S3

Wk 6 · Vol 0.81x

2026-10-08S3

Wk 6 · Vol 0.91x

2026-10-07S3

Wk 5 · Vol 0.72x

Moving averages & range

50 DMA

$429.25

200 DMA

$444.27

52W High

$618.66

52W Low

$244.30

5D Low

$292.26

Resistance levels (recent highs)

20d High

$396.63

60d High

$570.12

120d High

$618.66

250d High

$618.66

Next resistance

+35.7%

to 20d High

P/E (TTM)

27.8

Forward 18.3

Earnings Growth (YoY)

+46.4%

Revenue +12.6%

ROE

+25.8%

Profit margin +17.0%

Dividend Yield

0.22%

P/B 6.5

Carpenter Technology: quick answers

What stage is Carpenter Technology in?

As of Oct 22, 2026, Carpenter Technology (CRS) is in Stage 4, the downtrend phase. It entered Stage 4 on Oct 19, 2026 and is in its first week there. What the four stages mean

Is Carpenter Technology in an uptrend?

No. Carpenter Technology is in a Stage 4 downtrend. It trades 34.2% below its 200-day average, which is rising.

How far is Carpenter Technology from its 52-week high?

Carpenter Technology closed at $292.26 on Oct 22, 2026, 52.8% below its 52-week high of $618.66. Its 52-week low is $244.30.

How has Carpenter Technology performed over the past year?

As of Oct 22, 2026, Carpenter Technology is up 17.6% over the past year and down 13.4% so far in 2026.

Which sector and industry is Carpenter Technology in?

Carpenter Technology is in the Metal Fabrication industry, part of the Industrials sector.

About this companyIndustrials· Metal Fabrication

Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as metal powders and parts. It serves the aerospace, defense, medical, transportation, energy, industrial, and consumer markets. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.