CREDIT ACCEPTANCE CORP (CACC) Technical Analysis
NASDAQ:CACC • US2253101016
Current stock price
449.78 USD
-11.47 (-2.49%)
At close:
449.78 USD
0 (0%)
After Hours:
CACC Technical Rating and Analysis
We assign a technical rating of 0 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.
- 72% of all other stocks performed better in the past year than CACC.
- In the last month CACC has a been trading in the 439.28 - 519.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- CACC is an average performer in the Consumer Finance industry, it outperforms 64% of 54 stocks in the same industry.
- CACC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CACC is lagging the market slightly.
CACC Weekly and Daily overview Charts
CACC Setup Rating and Analysis
CACC has a poor technical rating and the quality of the setup is also not perfect 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
CACC Support and Resistance Analysis
406.92
528.79
We found 2 important support areas.
- A support zone ranging from 443.46 to 445.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 471.95 to 482.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 503.45 to 511.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 521.71 to 523.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
CACC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CACC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CACC is down. |
| ChartMill Relative Strength | 28.52 | NEGATIVE | CACC has a low relative strength, it was outperformed by 71.48% 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) | 39.18 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.55 | NEGATIVE | The MACD value suggests CACC has a negative trend. |
| Stochastics (14,3) | 22.01 | NEUTRAL | The Stochastics value for CACC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for CACC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for CACC suggests a weak or negative trend. |
CACC Chart- and CandleStick Pattern Analysis
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)
CACC Technicals: Chart, Performance Metrics, Trend & Indicators
449.78
-11.47 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.49%
1 Week-8.95%
2 Weeks-12.03%
1 Month-7.39%
3 Month-2.67%
6 Month-11.34%
12 Month-9.23%
2 Year-18.45%
3 Year3.15%
5 Year24.86%
10 Year147.74%
15 Year533.85%
Volatility
ATR(14)24.21
ATR(20)%5.01%
ATR Inc-13.07%
Range Today25.68
ADR(20)22.11
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.52
3 months CRS44.3
6 months CRS29.88
Mansfield-1
10 Day High511.67
10 Day Low439.28
20 Day High519
20 Day Low439.28
52 Week High549.75
52 Week Low401.9
CS1 End445.86
CR1 Start471.95
Volume & EV
DER(3)-3.23%
DER(5)-1.62%
Volume195.00K
Volume Incr-16.74%
Vol(5)225.76K
Vol(50)229.74K
CREDIT ACCEPTANCE CORP / CACC TA 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 current trend direction of CREDIT ACCEPTANCE CORP (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 39.1768. This indicates that the stock is currently neutral.
What is the short term momentum for CACC stock?
The short term momentum for CREDIT ACCEPTANCE CORP (CACC) is negative.