AMERICA'S CAR-MART INC (CRMT) Stock Technical Analysis
NASDAQ:CRMT - Nasdaq - US03062T1051 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CRMT. CRMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
89% of all other stocks performed better in the past year than CRMT.
CRMT is one of the lesser performing stocks in the Specialty Retail industry. 72% of 123 stocks in the same industry do better.
CRMT is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 42.11 - 62.72 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of CRMT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.61
61.78
When analyzing the support we notice one important area.
- A support zone ranging from 37.99 to 38.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @61.17 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CRMT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRMT is down. |
| ChartMill Relative Strength | 11.33 | NEGATIVE | CRMT has a low relative strength, it was outperformed by 88.67% 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) | 24.37 | OVERSOLD | The low RSI value suggests CRMT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.65 | NEGATIVE | The MACD value suggests CRMT has a negative trend. |
| Stochastics (14,3) | 2.39 | OVERSOLD | The low Stochastics value suggests CRMT may be oversold. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for CRMT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.8 | POSITIVE | The high ADX value value for CRMT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.79
-2.25 (-5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-5%
1 Week-17.77%
2 Weeks-21.97%
1 Month-31.04%
3 Month-11.22%
6 Month-12.12%
12 Month-31.54%
2 Year-61.56%
3 Year-46.92%
5 Year-57.42%
10 Year19.53%
15 Year71.16%
Volatility
ATR(14)2.45
ATR(20)%5.5%
ATR Inc-19.03%
Range Today2.03
ADR(20)2.25
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.33
Mansfield-1.82
10 Day High56.48
10 Day Low42.11
20 Day High62.72
20 Day Low42.11
52 Week High63.33
52 Week Low36.4
CS1 End38.21
CR1 Start61.17
Volume & EV
DER(3)-2.08%
DER(5)-2.71%
Volume144.50K
Volume Incr31.65%
Vol(5)99.68K
Vol(50)103.60K