CARMAX INC (KMX) Stock Technical Analysis
NYSE:KMX • US1431301027
We assign a technical rating of 1 out of 10 to KMX. KMX'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than KMX.
- KMX is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 70% are performing better than KMX.
- KMX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month KMX has a been trading in the 39.80 - 47.98 range, which is quite wide. It is currently trading near the lows of this range.
- KMX has an average volume of 3829000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KMX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 41.42, a Stop Loss order could be placed below this zone.
More info and screens
40.54
When analyzing the support we notice one important area.
- A support zone ranging from 40.95 to 41.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @41.84 from a trend line in the daily time frame.
- A resistance zone ranging from 43.23 to 44.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.18 to 47.27. 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 | DOWN | NEGATIVE | The long term trend for KMX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KMX is down. |
| ChartMill Relative Strength | 15.71 | NEGATIVE | KMX has a low relative strength, it was outperformed by 84.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KMX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KMX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.38 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests KMX has a negative trend. |
| Stochastics (14,3) | 35.98 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for KMX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for KMX suggests a weak or negative trend. |
41.81
-1.36 (-3.15%)
CARMAX INC / KMX FAQ
What is the ChartMill technical rating of CARMAX INC (KMX) stock?
ChartMill assigns a technical rating of 1 / 10 to KMX.
What is the trend direction for KMX stock?
The current trend direction for CARMAX INC (KMX) is Bearish.
What is the RSI signal for KMX stock?
CARMAX INC (KMX) has an RSI value of 43.3791. This indicates that the stock is currently neutral.
What is the short term momentum for CARMAX INC (KMX) stock?
The short term momentum for CARMAX INC (KMX) is negative.
What is the support and resistance level for KMX stock?
CARMAX INC (KMX) has a support level at 41.42 and a resistance level at 41.84. Check the full technical report for our detailed analysis of KMX support and resistance levels.