AMERICA'S CAR-MART INC (CRMT) Technical Analysis
NASDAQ:CRMT • US03062T1051
Taking everything into account, CRMT scores 0 out of 10 in our technical rating. CRMT'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CRMT is a bad performer in the overall market: 92% of all stocks are doing better.
- CRMT is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 80% are performing better than CRMT.
- CRMT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CRMT is lagging the market.
- In the last month CRMT has a been trading in the 18.86 - 26.75 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
CRMT has a poor technical rating and the quality of the setup is also not perfect 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
20.10
We can see 3 important resistance areas.
- A resistance zone ranging from 22.19 to 22.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @27.23 from a trend line in the daily time frame.
- Resistance @27.80 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for CRMT is down. |
| ChartMill Relative Strength | 8.27 | NEGATIVE | CRMT has a low relative strength, it was outperformed by 91.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRMT is below a declining 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) | 36.65 | NEUTRAL | The RSI value for CRMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CRMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.12 | OVERSOLD | The low Stochastics value suggests CRMT may be oversold. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for CRMT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.55 | POSITIVE | The high ADX value value for CRMT suggests a strong trend. |
CRMT Technicals: Chart, Performance Metrics, Trend & Indicators
20.3
+0.41 (+2.06%)
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 0 / 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 36.6486. 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 negative.
What are the support and resistance levels for AMERICA'S CAR-MART INC (CRMT) stock?
AMERICA'S CAR-MART INC (CRMT) has a resistance level at 22.19. Check the full technical report for our detailed analysis of CRMT support and resistance levels.