CARS.COM INC (CARS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CARS - US14575E1055 - Common Stock
We assign a technical rating of 4 out of 10 to CARS. In the past year, CARS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CARS has an average technical rating and the quality of the presented setup is also not ideal 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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9.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.09 to 12.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.05 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.48 to 13.80. 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 | NEUTRAL | NEUTRAL | The long term trend for CARS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CARS is neutral. |
| ChartMill Relative Strength | 20.22 | NEGATIVE | CARS has a low relative strength, it was outperformed by 79.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CARS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CARS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.99 | NEUTRAL | The RSI value for CARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CARS has a negative trend. |
| Stochastics (14,3) | 15.06 | OVERSOLD | The low Stochastics value suggests CARS may be oversold. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CARS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.72 | NEUTRAL | The ADX value for CARS suggests a possible start of a new trend. |
12.2
+0.02 (+0.16%)
CARS.COM INC / CARS FAQ
What is the technical rating for CARS stock?
ChartMill assigns a technical rating of 4 / 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 46.9872. 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 -0.128155, indicating a bearish trend.