KMX Technical Analysis - CARMAX INC

Technical Rating and Analysis

Taking everything into account, KMX scores 0 out of 10 in our technical rating. 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.

94% of all other stocks performed better in the past year than KMX.

KMX is part of the Specialty Retail industry. There are 119 other stocks in this industry, of which 82% are performing better than KMX.

KMX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month KMX has a been trading in the 42.34 - 59.09 range, which is quite wide. It is currently trading near the lows of this range.

KMX has an average volume of 3925090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

42.46

87.98

We found 1 important support area.

A support zone ranging from 42.89 to 42.89. This zone is formed by a combination of multiple trend lines in multiple time frames.

6 important resistance areas can be observed.

A resistance zone ranging from 43.04 to 43.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @46.82 from a horizontal line in the daily time frame.
A resistance zone ranging from 54.10 to 54.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @55.98 from a trend line in the weekly time frame.
Resistance @63.53 from a horizontal line in the daily time frame.
Resistance @87.11 from a horizontal line in the weekly time frame.

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Support and Resistance indicators

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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 KMX is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KMX is down.
ChartMill Relative Strength	6.15	NEGATIVE	KMX has a low relative strength, it was outperformed by 93.85% 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)	26.78	OVERSOLD	The low RSI value suggests KMX may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.17	POSITIVE	The MACD value suggests KMX has a positive trend.
Stochastics (14,3)	10.62	OVERSOLD	The low Stochastics value suggests KMX may be oversold.
Average True Range in percent/ATR (20)	4.84	MEDIUM VOLATILITY	The ATR as a percentage value for KMX suggests some volalility.
Average Directional Index/ADX (14)	41.83	POSITIVE	The high ADX value value for KMX suggests a strong trend.