USA - NYSE:KMX - US1431301027 - Common Stock
Taking everything into account, KMX scores 0 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.
The technical rating of KMX is bad and it also does not present a 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.
34.08
When analyzing the resistance we notice 3 important areas.
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 | 3.7 | NEGATIVE | KMX has a low relative strength, it was outperformed by 96.3% 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) | DOWN | NEGATIVE | The current price of KMX is below 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) | 29.56 | OVERSOLD | The low RSI value suggests KMX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests KMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.78 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for KMX suggests high volalility. |
| Average Directional Index/ADX (14) | 43.67 | POSITIVE | The high ADX value value for KMX suggests a strong trend. |
34.42
+0.28 (+0.82%)
ChartMill assigns a technical rating of 0 / 10 to KMX.
The current trend direction for CARMAX INC (KMX) is Bearish.
CARMAX INC (KMX) has an RSI value of 29.5602. This indicates that the stock is currently oversold.
The MACD indicator for CARMAX INC (KMX) has a value of -0.537794, indicating a bearish trend.
CARMAX INC (KMX) has a resistance level at 39.49. Check the full technical report for our detailed analysis of KMX support and resistance levels.