CREDIT ACCEPTANCE CORP (CACC) Technical Analysis
NASDAQ:CACC • US2253101016
Current stock price
CACC Technical Rating and Analysis
Overall CACC gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 76% of all other stocks performed better in the past year than CACC.
- 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
Although the technical rating is bad, CACC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 422.34, a Stop Loss order could be placed below this zone.
More info and screens
CACC Support and Resistance Analysis
406.92
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.
We can see 4 important resistance areas.
- A resistance zone ranging from 456.58 to 465.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 474.19 to 477.03. 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 | 24.55 | NEGATIVE | CACC has a low relative strength, it was outperformed by 75.45% 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) | 38.2 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.81 | NEGATIVE | The MACD value suggests CACC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.7 | OVERSOLD | The low Stochastics value suggests CACC may be oversold. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for CACC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.46 | NEUTRAL | The ADX value for CACC suggests a possible start of a new trend. |
CACC Chart- and CandleStick Pattern Analysis
CACC Technicals: Chart, Performance Metrics, Trend & Indicators
439.77
+1.53 (+0.35%)
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 38.1954. 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.