CREDIT ACCEPTANCE CORP (CACC) Stock Technical Analysis
NASDAQ:CACC - US2253101016 - Common Stock
514.73 USD
+4.72 (+0.93%)
514.73 USD
0 (0%)
Overall CACC gets a technical rating of 6 out of 10. In the last year, CACC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CACC is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 62% are performing better than CACC.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CACC has a been trading in the 447.63 - 525.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CACC outperforms 63% of them, which is more or less in line with the market.
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.
CACC has an average technical rating and the quality of the presented setup is also not ideal 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
423.39
549.19
We found 5 important support areas.
- A support zone ranging from 494.23 to 500.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @471.57 from a horizontal line in the daily time frame.
- A support zone ranging from 447.50 to 450.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 440.44 to 440.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @427.67 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 522.27 to 530.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @543.75 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for CACC is up. |
| ChartMill Relative Strength | 63.37 | NEUTRAL | CACC is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CACC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CACC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.23 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.4 | POSITIVE | The MACD value suggests CACC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.58 | NEUTRAL | The Stochastics value for CACC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CACC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for CACC suggests a possible start of a new 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)
514.73
+4.72 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.93%
1 Week1.63%
2 Weeks8.42%
1 Month15.02%
3 Month7.84%
6 Month4.54%
12 Month10.33%
2 Year2.58%
3 Year-3.26%
5 Year33.07%
10 Year152.55%
15 Year808.61%
Volatility
ATR(14)13.06
ATR(20)%2.39%
ATR Inc-39.95%
Range Today9.7
ADR(20)11.78
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.37
Mansfield-0.24
10 Day High525
10 Day Low471.25
20 Day High525
20 Day Low447.64
52 Week High560
52 Week Low409.22
CS1 End500.42
CR1 Start522.27
Volume & EV
DER(3)1.08%
DER(5)1.71%
Volume74.30K
Volume Incr9.22%
Vol(5)123.18K
Vol(50)139.66K