CARMAX INC (KMX) Technical Analysis
NYSE:KMX • US1431301027
We assign a technical rating of 1 out of 10 to KMX. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, KMX is a bad performer in the overall market: 85% of all stocks are doing better.
- KMX is one of the lesser performing stocks in the Specialty Retail industry. 69% of 123 stocks in the same industry do better.
- 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 39.35 - 47.98 range, which is quite wide. It is currently trading near the lows of this range.
- KMX has an average volume of 3573970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, KMX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 42.00, a Stop Loss order could be placed below this zone.
More info and screens
40.54
We found 1 important support area.
- A support zone ranging from 40.95 to 42.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 42.84 to 44.45. 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 | 15.87 | NEGATIVE | KMX has a low relative strength, it was outperformed by 84.13% 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) | 44.6 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests KMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.89 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for KMX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for KMX suggests a possible start of a new trend. |
KMX Technicals: Chart, Performance Metrics, Trend & Indicators
42.12
+0.28 (+0.67%)
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 44.6008. 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 42 and a resistance level at 42.84. Check the full technical report for our detailed analysis of KMX support and resistance levels.