AMERICA'S CAR-MART INC (CRMT) Technical Analysis
NASDAQ:CRMT • US03062T1051
Current stock price
CRMT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CRMT. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CRMT is a bad performer in the overall market: 98% of all stocks are doing better.
- CRMT is one of the lesser performing stocks in the Specialty Retail industry. 86% of 124 stocks in the same industry do better.
- 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 11.04 - 19.14 range, which is quite wide. It is currently trading near the lows of this range.
CRMT Weekly and Daily overview Charts
CRMT Setup Rating and Analysis
CRMT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CRMT Support and Resistance Analysis
12.35
When analyzing the support we notice one important area.
- A support zone ranging from 12.47 to 12.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.94 to 12.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.23 from a trend line in the daily time frame.
- A resistance zone ranging from 17.50 to 17.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.80 from a horizontal line in the daily time frame.
CRMT Technical Indicator Signal Analysis
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 | 2.93 | NEGATIVE | CRMT has a low relative strength, it was outperformed by 97.07% 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) | 37.5 | NEUTRAL | The RSI value for CRMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CRMT has a positive trend. |
| Stochastics (14,3) | 53.95 | NEUTRAL | The Stochastics value for CRMT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.38 | HIGH VOLATILITY | The high ATR as a percentage value for CRMT suggests high volalility. |
| Average Directional Index/ADX (14) | 39.33 | POSITIVE | The high ADX value value for CRMT suggests a strong trend. |
CRMT Chart- and CandleStick Pattern Analysis
CRMT Technicals: Chart, Performance Metrics, Trend & Indicators
12.93
+0.47 (+3.77%)
AMERICA'S CAR-MART INC / CRMT TA 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.
What is the RSI signal for AMERICA'S CAR-MART INC (CRMT) stock?
AMERICA'S CAR-MART INC (CRMT) has an RSI value of 37.5012. This indicates that the stock is currently neutral.
What is the buy/sell signal for AMERICA'S CAR-MART INC (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.
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 12.62 and a resistance level at 12.94. Check the full technical report for our detailed analysis of CRMT support and resistance levels.