CARS.COM INC (CARS) Technical Analysis
NYSE:CARS • US14575E1055
Current stock price
CARS Technical Rating and Analysis
Taking everything into account, CARS scores 4 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, CARS is a bad performer in the overall market: 80% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month CARS has a been trading in the 7.88 - 11.45 range, which is quite wide. It is currently trading near the high of this range.
- CARS has an average volume of 1616850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CARS is an average performer in the Interactive Media & Services industry, it outperforms 54% of 69 stocks in the same industry.
- CARS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARS is lagging the market.
- Considerably lower volume is observed in the last couple of days.
CARS Weekly and Daily overview Charts
CARS Setup Rating and Analysis
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.
More info and screens
CARS Support and Resistance Analysis
10.67
4 important resistance areas can be observed.
- A resistance zone ranging from 10.79 to 11.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.07 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 | NEUTRAL | NEUTRAL | The long term trend for CARS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARS is up. |
| ChartMill Relative Strength | 20.92 | NEGATIVE | CARS has a low relative strength, it was outperformed by 79.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CARS is above 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) | 69.99 | NEUTRAL | The RSI value for CARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CARS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.79 | OVERBOUGHT | The high Stochastics value suggests CARS may be overbought. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CARS suggests some volalility. |
| Average Directional Index/ADX (14) | 39.51 | 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
10.78
-0.23 (-2.09%)
CARS.COM INC / CARS TA FAQ
What is the technical rating for CARS stock?
ChartMill assigns a technical rating of 4 / 10 to CARS.
What is the current trend direction of CARS.COM INC (CARS) stock?
The current trend direction for CARS.COM INC (CARS) is Bearish.
What is the RSI signal for CARS.COM INC (CARS) stock?
CARS.COM INC (CARS) has an RSI value of 69.987. This indicates that the stock is currently neutral.
What is the short term momentum for CARS.COM INC (CARS) stock?
The short term momentum for CARS.COM INC (CARS) is positive.
What is the support and resistance level for CARS stock?
CARS.COM INC (CARS) has a resistance level at 10.79. Check the full technical report for our detailed analysis of CARS support and resistance levels.