461.97 USD
+11.4 (+2.53%)
462.5 USD
+0.53 (+0.11%)
We assign a technical rating of 1 out of 10 to CACC. CACC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CACC is a bad performer in the overall market: 74% of all stocks are doing better.
CACC is part of the Consumer Finance industry. There are 55 other stocks in this industry, of which 64% are performing better than CACC.
CACC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CACC is lagging the market.
In the last month CACC has a been trading in the 401.90 - 480.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CACC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
406.92
535.89
When analyzing the support we notice one important area.
- A support zone ranging from 411.03 to 422.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 502.63 to 508.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 523.55 to 530.58. 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 | DOWN | NEGATIVE | The long term trend for CACC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CACC is neutral. |
| ChartMill Relative Strength | 26.21 | NEGATIVE | CACC has a low relative strength, it was outperformed by 73.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CACC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CACC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CACC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.92 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.99 | POSITIVE | The MACD value suggests CACC has a positive trend. |
| Stochastics (14,3) | 86.76 | OVERBOUGHT | The high Stochastics value suggests CACC may be overbought. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CACC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for CACC 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)
461.97
+11.4 (+2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg2.53%
1 Week12.39%
2 Weeks4.94%
1 Month2.12%
3 Month-10.25%
6 Month-3.21%
12 Month-7.18%
2 Year1.09%
3 Year-2.53%
5 Year54.77%
10 Year130.5%
15 Year644.27%
Volatility
ATR(14)15.92
ATR(20)%4.64%
ATR Inc-33.43%
Range Today15.26
ADR(20)20.7
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.21
3 months CRS20.64
6 months CRS24.05
Mansfield-1.53
10 Day High462.84
10 Day Low410.97
20 Day High480.33
20 Day Low401.9
52 Week High560
52 Week Low401.9
CS1 End422.34
CR1 Start502.63
Volume & EV
DER(3)0.18%
DER(5)0.95%
Volume85.90K
Volume Incr-45.76%
Vol(5)97.50K
Vol(50)147.86K
CREDIT ACCEPTANCE CORP / CACC FAQ
Can you provide the ChartMill technical rating for CREDIT ACCEPTANCE CORP?
ChartMill assigns a technical rating of 1 / 10 to CACC.
What is the trend direction for CACC stock?
The current trend direction for CREDIT ACCEPTANCE CORP (CACC) is Bearish.
What is the RSI signal for CACC stock?
CREDIT ACCEPTANCE CORP (CACC) has an RSI value of 54.9202. This indicates that the stock is currently neutral.
What is the short term momentum for CREDIT ACCEPTANCE CORP (CACC) stock?
The short term momentum for CREDIT ACCEPTANCE CORP (CACC) is neutral.