CREDIT ACCEPTANCE CORP (CACC) Stock Technical Analysis
USA - NASDAQ:CACC - US2253101016 - Common Stock
We assign a technical rating of 0 out of 10 to CACC. 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.
CACC has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
412.30
We found 1 important support area.
- A support zone ranging from 416.46 to 422.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 502.71 to 510.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 523.55 to 529.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 31.61 | NEUTRAL | CACC is not amongst the best or worst performers 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) | 42.97 | NEUTRAL | The RSI value for CACC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests CACC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.73 | NEUTRAL | The Stochastics value for CACC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for CACC suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for CACC suggests a weak or negative trend. |
441.3
+1.06 (+0.24%)
CREDIT ACCEPTANCE CORP / CACC 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 trend direction for 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 42.9726. This indicates that the stock is currently neutral.
What is the short term momentum for CREDIT ACCEPTANCE CORP (CACC) stock?
The short term momentum for CREDIT ACCEPTANCE CORP (CACC) is negative.
Can you provide the buy/sell signal for CREDIT ACCEPTANCE CORP?
The buy/sell signal for CREDIT ACCEPTANCE CORP (CACC) is sell as both the short term and long term trends are negative.