OPENLANE INC (KAR) Stock Technical Analysis
NYSE:KAR - New York Stock Exchange, Inc. - US48238T1097 - Common Stock - Currency: USD
Overall KAR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, KAR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that KAR is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by KAR over the past year are nicely spread over this period.
KAR is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. KAR outperforms 82% of them.
KAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KAR is performing more or less in line with the market.
In the last month KAR has a been trading in the 21.84 - 24.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KAR has an excellent technical rating, it does not offer a high 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.
More info and screens
17.62
24.34
We found 5 important support areas.
- Support @22.10 from a horizontal line in the daily time frame.
- Support @20.21 from a horizontal line in the daily time frame.
- Support @18.85 from a trend line in the weekly time frame.
- Support @18.55 from a trend line in the daily time frame.
- Support @17.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @24.10 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 | UP | POSITIVE | The long term trend for KAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KAR is up. |
| ChartMill Relative Strength | 88.88 | POSITIVE | KAR has a high relative strength, it outperformed 88.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KAR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55 | NEUTRAL | The RSI value for KAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests KAR has a negative trend. |
| Stochastics (14,3) | 60.45 | NEUTRAL | The Stochastics value for KAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for KAR suggests some volalility. |
| Average Directional Index/ADX (14) | 41.89 | POSITIVE | The high ADX value value for KAR 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)
22.9
-0.54 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.3%
1 Week-3.09%
2 Weeks-0.13%
1 Month2.74%
3 Month10.68%
6 Month11.33%
12 Month40.66%
2 Year50.46%
3 Year55.04%
5 Year66.42%
10 Year61.65%
15 Year388.73%
Volatility
ATR(14)0.53
ATR(20)%2.14%
ATR Inc24.05%
Range Today0.53
ADR(20)0.46
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.88
Mansfield1.52
10 Day High24.42
10 Day Low22.55
20 Day High24.42
20 Day Low21.84
52 Week High24.42
52 Week Low15.44
CS1 End22.1
CR1 Start24.1
Volume & EV
DER(3)-2.77%
DER(5)-1.12%
Volume573.80K
Volume Incr-9.69%
Vol(5)693.78K
Vol(50)829.89K