AUTONATION INC (AN) Stock Technical Analysis
USA - NYSE:AN - US05329W1027 - Common Stock
216.63 USD
-4.36 (-1.97%)
216.63 USD
0 (0%)
Overall AN gets a technical rating of 7 out of 10. In the last year, AN was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, AN did better than 80% of all other stocks.
AN is one of the better performing stocks in the Specialty Retail industry, it outperforms 78% of 120 stocks in the same industry.
AN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AN is lagging the market slightly.
In the last month AN has a been trading in the 208.39 - 226.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, AN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 226.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 213.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
155.39
229.46
When analyzing the support we can see 5 important areas.
- A support zone ranging from 210.66 to 213.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.09 from a trend line in the daily time frame.
- Support @189.26 from a horizontal line in the daily time frame.
- Support @168.53 from a trend line in the weekly time frame.
- Support @156.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 226.83 to 227.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AN is neutral. |
| ChartMill Relative Strength | 80.78 | POSITIVE | AN has a high relative strength, it outperformed 80.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.83 | NEUTRAL | The RSI value for AN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests AN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.68 | NEUTRAL | The Stochastics value for AN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for AN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for AN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 218.41 | 212.91 | 5.50 (2.52%) | 25.00% |
| An entry @218.41. This is a Buy Stop order right above the 10 day moving average. | An exit @212.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.50 points, which is 2.52%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
216.63
-4.36 (-1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.97%
1 Week0.17%
2 Weeks-3.1%
1 Month-1.76%
3 Month10.1%
6 Month30.67%
12 Month28.08%
2 Year66.54%
3 Year103.77%
5 Year281.86%
10 Year242.82%
15 Year832.95%
Volatility
ATR(14)5.25
ATR(20)%2.37%
ATR Inc33.94%
Range Today5.22
ADR(20)4.85
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.78
Mansfield0.5
10 Day High226.63
10 Day Low212.92
20 Day High226.63
20 Day Low208.39
52 Week High228.92
52 Week Low148.33
CS1 End213.16
CR1 Start226.83
Volume & EV
DER(3)1.77%
DER(5)-0.35%
Volume373.02K
Volume Incr-21.46%
Vol(5)342.80K
Vol(50)396.32K