CREDIT ACCEPTANCE CORP (CACC) Stock Technical Analysis
USA - NASDAQ:CACC - US2253101016 - Common Stock
Taking everything into account, CACC scores 0 out of 10 in our technical rating. CACC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
412.30
We found 1 important support area.
- A support zone ranging from 416.46 to 421.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 441.31 to 445.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 502.71 to 509.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 523.55 to 529.80. 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 | DOWN | NEGATIVE | The short term trend for CACC is down. |
| ChartMill Relative Strength | 23.11 | NEGATIVE | CACC has a low relative strength, it was outperformed by 76.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CACC is below a declining 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) | 37.49 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.44 | NEGATIVE | The MACD value suggests CACC has a negative trend. |
| Stochastics (14,3) | 32.08 | NEUTRAL | The Stochastics value for CACC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for CACC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for CACC suggests a weak or negative trend. |
421.1
-20.2 (-4.58%)
CREDIT ACCEPTANCE CORP / CACC FAQ
Can you provide the ChartMill technical rating for CREDIT ACCEPTANCE CORP?
ChartMill assigns a technical rating of 0 / 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 37.485. 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 negative.
Can you provide the buy/sell signal for CREDIT ACCEPTANCE CORP?
The buy/sell signal for CREDIT ACCEPTANCE CORP (CACC) is sell as both the short term and long term trends are negative.