CARS.COM INC (CARS) Technical Analysis
NYSE:CARS • US14575E1055
Current stock price
CARS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CARS. CARS'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.
- 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: 89% 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 60% are performing better than CARS.
- CARS 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 CARS is lagging the market.
- In the last month CARS has a been trading in the 7.40 - 8.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CARS has an average volume of 1482020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CARS Weekly and Daily overview Charts
CARS Setup Rating and Analysis
Although the technical rating is bad, CARS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CARS Support and Resistance Analysis
7.88
We can see 7 important resistance areas.
- A resistance zone ranging from 7.97 to 8.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.43 from a horizontal line in the daily time frame.
- Resistance @10.26 from a trend line in the daily time frame.
- Resistance @11.13 from a trend line in the weekly time frame.
- Resistance @12.26 from a trend line 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.
CARS 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 | 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 | 11.06 | NEGATIVE | CARS has a low relative strength, it was outperformed by 88.94% 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) | 36.7 | NEUTRAL | The RSI value for CARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CARS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.2 | NEUTRAL | The Stochastics value for CARS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for CARS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.92 | POSITIVE | The high ADX value value for CARS suggests a strong trend. |
CARS Chart- and CandleStick Pattern Analysis
CARS Technicals: Chart, Performance Metrics, Trend & Indicators
7.96
-0.21 (-2.57%)
CARS.COM INC / CARS TA FAQ
What is the technical rating for CARS stock?
ChartMill assigns a technical rating of 0 / 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 36.699. 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 0.150166, 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.