CARMAX INC (KMX) Stock Technical Analysis
NYSE:KMX - New York Stock Exchange, Inc. - US1431301027 - Common Stock - Currency: USD
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 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: 90% of all stocks are doing better.
KMX is one of the lesser performing stocks in the Specialty Retail industry. 76% 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.
KMX has an average volume of 3383530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month KMX has a been trading in the 54.53 - 63.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 a resistance zone just above the current price starting at 57.77. Right above this resistance zone may be a good entry point.
More info and screens
54.10
87.98
We found 1 important support area.
- A support zone ranging from 54.65 to 54.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 57.77 to 58.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.12 to 65.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.56 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for KMX is down. |
| ChartMill Relative Strength | 10.55 | NEGATIVE | KMX has a low relative strength, it was outperformed by 89.45% 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) | 43.36 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests KMX has a positive trend. |
| Stochastics (14,3) | 56.09 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for KMX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for KMX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
57.76
-0.38 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.65%
1 Week5.09%
2 Weeks3.18%
1 Month-7.76%
3 Month-14.11%
6 Month-35.03%
12 Month-27.67%
2 Year-29.28%
3 Year-34.69%
5 Year-45.98%
10 Year-5.31%
15 Year189.81%
Volatility
ATR(14)1.65
ATR(20)%2.89%
ATR Inc-14.09%
Range Today1.36
ADR(20)1.59
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.55
Mansfield-2.89
10 Day High58.92
10 Day Low54.53
20 Day High63.74
20 Day Low54.53
52 Week High91.25
52 Week Low54.53
CS1 End54.95
CR1 Start57.77
Volume & EV
DER(3)0.09%
DER(5)1.92%
Volume2.38M
Volume Incr-16.16%
Vol(5)2.54M
Vol(50)3.38M