AVIS BUDGET GROUP INC (CAR) Stock Technical Analysis
USA - NASDAQ:CAR - US0537741052 - Common Stock
150.39 USD
-0.81 (-0.54%)
150.38 USD
-0.01 (-0.01%)
Overall CAR gets a technical rating of 3 out of 10. CAR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CAR is part of the Ground Transportation industry. There are 42 other stocks in this industry. CAR outperforms 95% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, CAR did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAR is lagging the market.
In the last month CAR has a been trading in the 144.00 - 167.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CAR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 149.66, a Stop Loss order could be placed below this zone.
More info and screens
144.85
164.92
When analyzing the support we notice one important area.
- A support zone ranging from 146.31 to 149.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 150.96 to 155.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 161.25 to 163.29. 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 | UP | POSITIVE | The long term trend for CAR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAR is down. |
| ChartMill Relative Strength | 88.18 | POSITIVE | CAR has a high relative strength, it outperformed 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAR is below a declining 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) | 43.36 | NEUTRAL | The RSI value for CAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.46 | NEUTRAL | The Stochastics value for CAR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CAR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.54 | NEGATIVE | The low ADX value for CAR suggests a weak or negative trend. |
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)
150.39
-0.81 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.54%
1 Week2.31%
2 Weeks-2.7%
1 Month-4.61%
3 Month-21.87%
6 Month77.79%
12 Month85.55%
2 Year-7.62%
3 Year-36.4%
5 Year346.66%
10 Year201.14%
15 YearN/A
Volatility
ATR(14)6.24
ATR(20)%3.94%
ATR Inc-34.71%
Range Today3.72
ADR(20)5.92
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.18
Mansfield1.85
10 Day High159.07
10 Day Low144
20 Day High167.69
20 Day Low144
52 Week High212.81
52 Week Low54.03
CS1 End149.66
CR1 Start150.96
Volume & EV
DER(3)2.42%
DER(5)0.37%
Volume502.80K
Volume Incr-33.17%
Vol(5)551.02K
Vol(50)803.97K