Carrier Global Corp

CARR is in a Stage 3 distribution regime following a failed higher-high, with price trading below the short EMAs and a flattening 50 DMA amid distribution-biased volume. An active Bearish Pivot Point pattern signals structural repair and reinforces a bearish medium-term bias. Short-term timing is unfavorable for buying, as rallies into the 9/20 EMA cluster continue to be rejected and momentum is weakening. Execution favors Sell Now on rallies into the short EMA cluster and the prior support turnaround zone.

• ↑Total orders rose 11%, led by +35% commercial HVAC and +500% data-center demand
• ↑$1B free cash flow in H1 2026 highlights strong cash management
• ↓CSA residential sales fell 12% and organic residential revenue down 3%