AMERICA'S CAR-MART INC (CRMT) Stock Technical Analysis
NASDAQ:CRMT - Nasdaq - US03062T1051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CRMT. In the last year, CRMT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, CRMT is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month CRMT has a been trading in the 46.00 - 55.69 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CRMT is an average performer in the Specialty Retail industry, it outperforms 62% of 120 stocks in the same industry.
CRMT is currently trading in the middle 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 slightly.
Although the technical rating is only medium, CRMT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 51.75. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.83
54.22
5 important support areas can be observed.
- A support zone ranging from 49.40 to 49.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.62 to 48.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.87 from a trend line in the weekly time frame.
- Support @43.75 from a horizontal line in the daily time frame.
- Support @38.21 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.75 to 53.68. 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 | NEUTRAL | NEUTRAL | The long term trend for CRMT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRMT is neutral. |
| ChartMill Relative Strength | 36.49 | NEUTRAL | CRMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRMT is above 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 | MIXED | The current price of CRMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.18 | NEUTRAL | The RSI value for CRMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CRMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.5 | NEUTRAL | The Stochastics value for CRMT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CRMT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for CRMT suggests a weak or negative 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)
49.72
-0.04 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.08%
1 Week6.63%
2 Weeks-3.9%
1 Month3.15%
3 Month11.63%
6 Month-7.31%
12 Month-17.94%
2 Year-50.17%
3 Year-50.58%
5 Year-43.42%
10 Year0.81%
15 Year119.71%
Volatility
ATR(14)2.16
ATR(20)%4.55%
ATR Inc16.09%
Range Today3.19
ADR(20)1.95
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.49
Mansfield-0.5
10 Day High51.31
10 Day Low46
20 Day High55.69
20 Day Low46
52 Week High72.26
52 Week Low36.4
CS1 End49.71
CR1 Start51.75
Volume & EV
DER(3)1.5%
DER(5)1.1%
Volume91.09K
Volume Incr35.16%
Vol(5)65.40K
Vol(50)66.95K