AMERICA'S CAR-MART INC (CRMT) Stock Technical Analysis
USA - NASDAQ:CRMT - US03062T1051 - Common Stock
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 technical rating of CRMT is bad and it also does not present a quality setup 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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24.62
When analyzing the support we notice one important area.
- A support zone ranging from 24.87 to 24.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 26.12 to 26.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @27.80 from a horizontal line in the daily time frame.
- Resistance @29.07 from a trend 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 | 4.24 | NEGATIVE | CRMT has a low relative strength, it was outperformed by 95.76% 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) | 35.62 | NEUTRAL | The RSI value for CRMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests CRMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.44 | OVERSOLD | The low Stochastics value suggests CRMT may be oversold. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for CRMT suggests high volalility. |
| Average Directional Index/ADX (14) | 39.37 | POSITIVE | The high ADX value value for CRMT suggests a strong trend. |
25.48
-0.15 (-0.59%)
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.
Can you provide the trend direction for AMERICA'S CAR-MART INC?
The current trend direction for AMERICA'S CAR-MART INC (CRMT) is Bearish.
What is the RSI signal for CRMT stock?
AMERICA'S CAR-MART INC (CRMT) has an RSI value of 35.6208. This indicates that the stock is currently neutral.
What is the short term momentum for CRMT stock?
The short term momentum for AMERICA'S CAR-MART INC (CRMT) is negative.
What is the buy/sell signal for CRMT stock?
The buy/sell signal for AMERICA'S CAR-MART INC (CRMT) is sell as both the short term and long term trends are negative.