CARS.COM INC (CARS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CARS • US14575E1055
We assign a technical rating of 1 out of 10 to CARS. CARS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CARS is a bad performer in the overall market: 84% of all stocks are doing better.
- CARS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CARS has a been trading in the 10.67 - 12.74 range, which is quite wide. It is currently trading near the lows of this range.
- CARS is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, CARS did better than 58% of them.
The technical rating of CARS 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.
More info and screens
9.94
We found 1 important support area.
- A support zone ranging from 10.04 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.81 to 12.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.58 to 12.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @13.48 from a horizontal line in the daily time frame.
- Resistance @13.79 from a horizontal line in the daily time frame.
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 CARS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CARS is down. |
| ChartMill Relative Strength | 16.57 | NEGATIVE | CARS has a low relative strength, it was outperformed by 83.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CARS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CARS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CARS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.16 | NEUTRAL | The RSI value for CARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CARS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.96 | OVERSOLD | The low Stochastics value suggests CARS may be oversold. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for CARS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for CARS suggests a weak or negative trend. |
11.14
+0.15 (+1.36%)
CARS.COM INC / CARS FAQ
What is the technical rating for CARS stock?
ChartMill assigns a technical rating of 1 / 10 to CARS.
Can you provide the trend direction for CARS.COM INC?
The current trend direction for CARS.COM INC (CARS) is Bearish.
Can you provide the RSI signal for CARS.COM INC?
CARS.COM INC (CARS) has an RSI value of 36.1595. This indicates that the stock is currently neutral.
What is the MACD signal for CARS stock?
The MACD indicator for CARS.COM INC (CARS) has a value of -0.100141, indicating a bearish trend.
Can you provide the buy/sell signal for CARS.COM INC?
The buy/sell signal for CARS.COM INC (CARS) is sell as both the short term and long term trends are negative.