CREDIT ACCEPTANCE CORP (CACC) Stock Technical Analysis
USA - NASDAQ:CACC - US2253101016 - Common Stock
478.7 USD
-14.17 (-2.87%)
478.7 USD
0 (0%)
Taking everything into account, CACC scores 2 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.
When comparing the yearly performance of all stocks, CACC is a bad performer in the overall market: 63% of all stocks are doing better.
CACC is one of the lesser performing stocks in the Consumer Finance industry. 64% of 55 stocks in the same industry do better.
In the last month CACC has a been trading in the 444.27 - 515.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
436.04
549.19
We found 2 important support areas.
- Support @455.25 from a trend line in the weekly time frame.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 483.19 to 489.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @502.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 516.05 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 | NEUTRAL | NEUTRAL | The short term trend for CACC is neutral. |
| ChartMill Relative Strength | 37.09 | NEUTRAL | CACC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CACC is below 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) | UP | MIXED | The current price of CACC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.57 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.57 | POSITIVE | The MACD value suggests CACC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.1 | NEUTRAL | The Stochastics value for CACC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CACC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.52 | 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)
478.7
-14.17 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.87%
1 Week-1.47%
2 Weeks4.41%
1 Month0.9%
3 Month-7.09%
6 Month-2.94%
12 Month4.72%
2 Year18.95%
3 Year2.81%
5 Year60.57%
10 Year153.16%
15 Year713.98%
Volatility
ATR(14)18.69
ATR(20)%3.77%
ATR Inc40.17%
Range Today21.38
ADR(20)16.89
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.09
Mansfield-0.97
10 Day High515.48
10 Day Low444.27
20 Day High515.48
20 Day Low444.27
52 Week High560
52 Week Low414.16
CS1 End455.25
CR1 Start483.19
Volume & EV
DER(3)0.77%
DER(5)0.01%
Volume122.60K
Volume Incr-11.72%
Vol(5)120.64K
Vol(50)125.79K