Taking everything into account, CACC scores 5 out of 10 in our technical rating. 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 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 493.26. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
406.92
4 important support areas can be observed.
We can see 3 important resistance areas.
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 | 47.96 | 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) | DOWN | MIXED | The current price of CACC is above 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) | 60.41 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.5 | POSITIVE | The MACD value suggests CACC has a positive trend. |
| Stochastics (14,3) | 69.89 | NEUTRAL | The Stochastics value for CACC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for CACC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.66 | NEGATIVE | The low ADX value for CACC suggests a weak or negative trend. |
476.32
+10.1 (+2.17%)
ChartMill assigns a technical rating of 5 / 10 to CACC.
The current trend direction for CREDIT ACCEPTANCE CORP (CACC) is Bearish.
CREDIT ACCEPTANCE CORP (CACC) has an RSI value of 60.4131. This indicates that the stock is currently neutral.
The short term momentum for CREDIT ACCEPTANCE CORP (CACC) is positive.