Carver Bancorp Inc. CARV Stock Analysis

Carver Bancorp, Inc. stock trades under the ticker CARV & has shown recent bullishness that traders & investors may want to take a closer look at.

CARV stock closed at $17.63/share on 9/27/2021, with signals pointing to more gains to come in the near-future.

Carver Bancorp, Inc. CARV Stock Technical Performance Breakdown

Carver Bancorp Inc. CARV Stock Technical Performance Over The Last Year

CARV Stock Price: $17.63

10 Day Moving-Average: $14.86

50 Day Moving-Average: $16.32

200 Day Moving-Average: $11.33

RSI: 58.2

MACD: -0.434

Completing a bullish MACD & 50 Day Moving-Average crossover yesterday, CARV stock looks poised to continue climbing.

With the 10 Day MA ~9% below the 50 Day, there should be more upward momentum to help CARV continue climbing, while it begins to establish a new range.

CARV stock’s RSI does not show signs of being overbought yet, which also helps in the near-term.

Carver Bancorp, Inc. CARV Stock As A Long-Term Investment

Carver Bancorp Inc. stock may be appealing to some investors who are looking to gain micro-cap exposure to the banking industry.

CARV has a modest P/B at 1.69, with Quarterly Revenue Growth (Y-o-Y) of 16.7%.

CARV has only 19.2% Institutional Ownership, which makes sense given their micro cap status & lack of a dividend to help reduce risk.

One area that looks great for CARV is their $78.73M in Total Cash (mrq) vs. their $50.3M in Total Debt (mrq).

Carver Bancorp, Inc. Stock As A Short-Term Trade

CARV stock does not have options for traders to use, so any momentum will need to be caught by owning common shares.

Their next test would be at ~$18.83, followed by $20.39/share.

For hedging purposes, traders may think to establish a puts position in IWC, which is a microcap stock etf.

Tying It All Together

Overall, Carver Bancorp Inc. stock has many advantages that traders & investors may want to capitalize on.

CARV stock has positive momentum despite broader market volatility, and because of its micro-cap status may get extra momentum from FOMO traders piling in after recent big days.

Investors looking for micro-cap bank exposure may like CARV’s cash & debt levels.

CARV stock is worth taking a closer look at, regardless of your trading style & timeframes.

*** I DO NOT OWN SHARES OF CARV STOCK ***