CARS Technical Analysis - CARS.COM INC

Technical Rating and Analysis

Overall CARS gets a technical rating of 1 out of 10. In the last year, CARS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, CARS is a bad performer in the overall market: 83% of all stocks are doing better.

CARS is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 64% are performing better than CARS.

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 11.99 - 13.85 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.64

20.56

When analyzing the support we can see 2 important areas.

A support zone ranging from 12.05 to 12.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @11.76 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

A resistance zone ranging from 12.70 to 12.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 13.27 to 13.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @19.01 from a trend line in the weekly time frame.
Resistance @20.36 from a horizontal line in the weekly time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for CARS is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CARS is down.
ChartMill Relative Strength	17.92	NEGATIVE	CARS has a low relative strength, it was outperformed by 82.08% 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)	DOWN	NEGATIVE	The current price of CARS is below a declining 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)	42.99	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)	15.99	OVERSOLD	The low Stochastics value suggests CARS may be oversold.
Average True Range in percent/ATR (20)	3.41	MEDIUM VOLATILITY	The ATR as a percentage value for CARS suggests some volalility.
Average Directional Index/ADX (14)	19.4	NEGATIVE	The low ADX value for CARS suggests a weak or negative trend.