CARMAX INC (KMX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KMX - US1431301027 - Common Stock
Taking everything into account, KMX scores 1 out of 10 in our technical rating. KMX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
KMX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.93, a Stop Loss order could be placed below this zone.
More info and screens
37.76
We found 1 important support area.
- A support zone ranging from 38.14 to 38.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 39.59 to 39.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.02 to 41.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.44 from a trend line in the daily time frame.
- Resistance @46.83 from a trend line in the weekly time frame.
- Resistance @87.11 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for KMX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KMX is neutral. |
| ChartMill Relative Strength | 10.61 | NEGATIVE | KMX has a low relative strength, it was outperformed by 89.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KMX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of KMX is above a declining 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) | 50.79 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests KMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.23 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for KMX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.74 | NEGATIVE | The low ADX value for KMX suggests a weak or negative trend. |
39.29
+0.65 (+1.68%)
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 50.789. 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 neutral.
What is the support and resistance level for KMX stock?
CARMAX INC (KMX) has a support level at 38.93 and a resistance level at 39.59. Check the full technical report for our detailed analysis of KMX support and resistance levels.