CARMAX INC (KMX) Stock Technical Analysis
NYSE:KMX - US1431301027 - Common Stock
60.7 USD
-0.25 (-0.41%)
60.79 USD
+0.09 (+0.15%)
We assign a technical rating of 2 out of 10 to KMX. 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: 88% of all stocks are doing better.
KMX is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 76% are performing better than KMX.
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 54.72 - 62.56 range, which is quite wide. It is currently trading near the high of this range.
KMX has an average volume of 2875320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, KMX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 60.99. Right above this resistance zone may be a good entry point.
More info and screens
54.10
87.98
When analyzing the support we notice one important 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 60.99 to 63.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for KMX is up. |
| ChartMill Relative Strength | 12.21 | NEGATIVE | KMX has a low relative strength, it was outperformed by 87.79% 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) | 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) | 53.15 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests KMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.17 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for KMX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.91 | NEUTRAL | The ADX value for KMX suggests a possible start of a new 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)
60.7
-0.25 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.41%
1 Week-2.36%
2 Weeks4.85%
1 Month9.86%
3 Month-7.62%
6 Month-20.88%
12 Month-23.53%
2 Year-14.18%
3 Year-8.06%
5 Year-33.96%
10 Year2.33%
15 Year117.88%
Volatility
ATR(14)1.77
ATR(20)%2.72%
ATR Inc16.74%
Range Today2.01
ADR(20)1.57
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.21
Mansfield-2.37
10 Day High62.56
10 Day Low58
20 Day High62.56
20 Day Low54.72
52 Week High91.25
52 Week Low54.53
CS1 End54.95
CR1 Start60.99
Volume & EV
DER(3)1.47%
DER(5)0.93%
Volume2.37M
Volume Incr8.13%
Vol(5)2.88M
Vol(50)2.88M