We assign a technical rating of 3 out of 10 to CRMT. In the past year, CRMT 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 76% of all other stocks performed better in the past year than CRMT.
- CRMT 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.
- CRMT is part of the Specialty Retail industry. There are 121 other stocks in this industry, CRMT did better than 42% of them.
- In the last month CRMT has a been trading in the 24.30 - 28.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CRMT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CRMT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
23.96
When analyzing the support we can see 2 important areas.
- Support @25.00 from a horizontal line in the daily time frame.
- Support @24.20 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.26 to 26.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.82 to 28.25. 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 | DOWN | NEGATIVE | The long term trend for CRMT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRMT is neutral. |
| ChartMill Relative Strength | 24.27 | NEGATIVE | CRMT has a low relative strength, it was outperformed by 75.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRMT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for CRMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests CRMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.16 | NEUTRAL | The Stochastics value for CRMT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for CRMT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.48 | POSITIVE | The high ADX value value for CRMT suggests a strong trend. |
26.16
+1.16 (+4.64%)
AMERICA'S CAR-MART INC / CRMT FAQ
Can you provide the ChartMill technical rating for AMERICA'S CAR-MART INC?
ChartMill assigns a technical rating of 3 / 10 to CRMT.
What is the trend direction for CRMT stock?
The current trend direction for AMERICA'S CAR-MART INC (CRMT) is Bearish.
Can you provide the RSI signal for AMERICA'S CAR-MART INC?
AMERICA'S CAR-MART INC (CRMT) has an RSI value of 49.614. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMERICA'S CAR-MART INC?
The short term momentum for AMERICA'S CAR-MART INC (CRMT) is neutral.
What are the support and resistance levels for AMERICA'S CAR-MART INC (CRMT) stock?
AMERICA'S CAR-MART INC (CRMT) has a support level at 25 and a resistance level at 26.26. Check the full technical report for our detailed analysis of CRMT support and resistance levels.