CARMAX INC (KMX) Stock Technical Analysis
NYSE:KMX - New York Stock Exchange, Inc. - US1431301027 - Common Stock - Currency: USD
Taking everything into account, KMX scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. KMX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, KMX is a bad performer in the overall market: 79% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month KMX has a been trading in the 63.89 - 71.98 range, which is quite wide. It is currently trading near the high of this range.
KMX has an average volume of 3568710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KMX is part of the Specialty Retail industry. There are 121 other stocks in this industry, KMX did better than 41% of them.
KMX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KMX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KMX has an average technical rating and it also does not offer a high 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.
More info and screens
59.90
87.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 65.42 to 68.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.27 to 62.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 71.58 to 71.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for KMX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KMX is up. |
| ChartMill Relative Strength | 21.88 | NEGATIVE | KMX has a low relative strength, it was outperformed by 78.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KMX is above 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) | 63.12 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests KMX has a positive trend. |
| Stochastics (14,3) | 79.02 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for KMX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for KMX suggests a weak or negative 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)
71.57
+1.29 (+1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.84%
1 Week6.03%
2 Weeks11.08%
1 Month8.03%
3 Month-5.48%
6 Month-10.62%
12 Month-0.01%
2 Year-13.36%
3 Year-28.1%
5 Year-26.19%
10 Year10.94%
15 Year239.19%
Volatility
ATR(14)2.46
ATR(20)%2.97%
ATR Inc29.85%
Range Today1.83
ADR(20)1.97
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
CRS21.88
Mansfield-1.28
10 Day High71.99
10 Day Low63.89
20 Day High71.99
20 Day Low63.89
52 Week High91.25
52 Week Low61.34
CS1 End66.52
CR1 Start67.9
Volume & EV
DER(3)0.09%
DER(5)0.16%
Volume2.83M
Volume Incr-21.52%
Vol(5)3.48M
Vol(50)3.57M