AVIS BUDGET GROUP INC (CAR)

US0537741052 - Common Stock

115.2  +20.45 (+21.58%)

Technical Rating and Analysis

0

Overall CAR gets a technical rating of 0 out of 10. CAR'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than CAR.
CAR is one of the lesser performing stocks in the Ground Transportation industry. 85% of 36 stocks in the same industry do better.
CAR 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 CAR is lagging the market.
In the last month CAR has a been trading in the 93.53 - 126.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CAR Weekly chart
CAR Daily chart
Setup Rating and Analysis

3

The technical rating of CAR is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

93.79

145.53

When analyzing the support we can see 3 important areas.

  • Support @105.43 from a trend line in the daily time frame.
  • Support @103.56 from a horizontal line in the daily time frame.
  • A support zone ranging from 94.74 to 94.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @121.36 from a trend line in the daily time frame.
  • Resistance @144.09 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.24
Mansfield-5.02
10 Day High105.49
10 Day Low93.53
20 Day High126.77
20 Day Low93.53
52 Week High244.95
52 Week Low93.53
Performance
1 Week-8.28%
2 Weeks-10.06%
1 Month-21.77%
3 Month-41.38%
6 Month-52.63%
12 Month-43.42%
2 Year-50.2%
3 Year7.89%
5 Year234.1%
10 Year65.56%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.07
RSI(14)28.98
LBB92.65
UBB113.95
CAR Daily chart

AVIS BUDGET GROUP INC

NASDAQ:CAR (5/2/2024, 10:23:53 AM)

115.2

+20.45 (+21.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg21.58%
1 Week-8.28%
2 Weeks-10.06%
1 Month-21.77%
3 Month-41.38%
6 Month-52.63%
12 Month-43.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.26
ATR(20)%5.31%
ATR Inc
Range Today6.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High105.49
10 Day Low93.53
20 Day High126.77
20 Day Low93.53
52 Week High244.95
52 Week Low93.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume959.71K
Volume Incr30.38%
Vol(5)1.04M
Vol(50)839.37K