CREDIT ACCEPTANCE CORP (CACC) Technical Analysis
NASDAQ:CACC • US2253101016
Current stock price
438.24 USD
+7.06 (+1.64%)
At close:
438.24 USD
0 (0%)
After Hours:
CACC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CACC. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CACC is a bad performer in the overall market: 77% of all stocks are doing better.
- CACC is currently trading in the lower part 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.
- In the last month CACC has a been trading in the 422.16 - 519.00 range, which is quite wide. It is currently trading near the lows of this range.
- CACC is an average performer in the Consumer Finance industry, it outperforms 52% of 54 stocks in the same industry.
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 only medium 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 1 important support 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 461.26 to 464.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 475.76 to 477.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 497.89 to 507.29. 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 | 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 | 23.83 | NEGATIVE | CACC has a low relative strength, it was outperformed by 76.17% 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) | 37.51 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.4 | NEGATIVE | The MACD value suggests CACC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.03 | OVERSOLD | The low Stochastics value suggests CACC may be oversold. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for CACC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.61 | 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
438.24
+7.06 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.64%
1 Week-1.42%
2 Weeks-12.62%
1 Month-10.54%
3 Month-4.15%
6 Month-4.41%
12 Month-14.59%
2 Year-20.54%
3 Year0.5%
5 Year21.66%
10 Year141.39%
15 Year517.59%
Volatility
ATR(14)24.99
ATR(20)%5.17%
ATR Inc2.66%
Range Today15.17
ADR(20)21.96
ADR(20)%5.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.83
3 months CRS41.56
6 months CRS39.9
Mansfield-1.11
10 Day High507.96
10 Day Low422.16
20 Day High519
20 Day Low422.16
52 Week High549.75
52 Week Low401.9
CS1 End422.34
CR1 Start461.26
Volume & EV
DER(3)-3.01%
DER(5)-3.2%
Volume162.97K
Volume Incr-16.69%
Vol(5)224.03K
Vol(50)231.11K
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 37.508. 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.
What is the buy/sell signal for CREDIT ACCEPTANCE CORP (CACC) stock?
The buy/sell signal for CREDIT ACCEPTANCE CORP (CACC) is sell as both the short term and long term trends are negative.