AVIS BUDGET GROUP INC (CAR) Technical Analysis
NASDAQ:CAR • US0537741052
Current stock price
212.6 USD
+22.18 (+11.65%)
At close:
215.25 USD
+2.65 (+1.25%)
After Hours:
CAR Technical Rating and Analysis
Taking everything into account, CAR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CAR did better than 97% of all other stocks.
- CAR is one of the better performing stocks in the Ground Transportation industry, it outperforms 97% of 42 stocks in the same industry.
- CAR is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CAR is leading the market.
- In the last month CAR has a been trading in the 92.31 - 214.84 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CAR Weekly and Daily overview Charts
CAR Setup Rating and Analysis
Although CAR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CAR Support and Resistance Analysis
210.47
214.73
CAR 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 | UP | POSITIVE | The long term trend for CAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAR is up. |
| ChartMill Relative Strength | 97.49 | POSITIVE | CAR has a high relative strength, it outperformed 97.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.44 | OVERBOUGHT | The high RSI value suggests CAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.55 | POSITIVE | The MACD value suggests CAR has a positive trend. |
| Stochastics (14,3) | 98.86 | OVERBOUGHT | The high Stochastics value suggests CAR may be overbought. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for CAR suggests high volalility. |
| Average Directional Index/ADX (14) | 42.43 | POSITIVE | The high ADX value value for CAR suggests a strong trend. |
CAR Chart- and CandleStick Pattern Analysis
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)
CAR Technicals: Chart, Performance Metrics, Trend & Indicators
212.6
+22.18 (+11.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg11.65%
1 Week43.21%
2 Weeks112.81%
1 Month118.03%
3 Month65.42%
6 Month44.64%
12 Month205.11%
2 Year122.73%
3 Year20.34%
5 Year137.25%
10 Year747.01%
15 Year1021.31%
Volatility
ATR(14)14.75
ATR(20)%5.6%
ATR Inc149.17%
Range Today32.04
ADR(20)11.53
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.49
3 months CRS98.32
6 months CRS93.83
Mansfield5.05
10 Day High214.84
10 Day Low101.65
20 Day High214.84
20 Day Low92.31
52 Week High214.84
52 Week Low66.79
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)3.79%
DER(5)2.11%
Volume2.50M
Volume Incr126.99%
Vol(5)1.97M
Vol(50)963.02K
AVIS BUDGET GROUP INC / CAR TA FAQ
What is the technical rating for CAR stock?
ChartMill assigns a technical rating of 10 / 10 to CAR.
What is the trend direction for CAR stock?
The current trend direction for AVIS BUDGET GROUP INC (CAR) is Bullish.
Can you provide the RSI signal for AVIS BUDGET GROUP INC?
AVIS BUDGET GROUP INC (CAR) has an RSI value of 85.4433. This indicates that the stock is currently overbought.
Can you provide the short term momentum for AVIS BUDGET GROUP INC?
The short term momentum for AVIS BUDGET GROUP INC (CAR) is positive.