CARMAX INC (KMX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KMX - US1431301027 - Common Stock
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 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.
More info and screens
33.70
We found 1 important support area.
- Support @34.04 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 39.03 to 39.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.08 from a trend line in the daily time frame.
- Resistance @47.87 from a trend line in the daily time frame.
- Resistance @50.49 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for KMX is neutral. |
| ChartMill Relative Strength | 5.39 | NEGATIVE | KMX has a low relative strength, it was outperformed by 94.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KMX is above 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) | 53.1 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.01 | POSITIVE | The MACD value suggests KMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.96 | OVERBOUGHT | The high Stochastics value suggests KMX may be overbought. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for KMX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for KMX suggests a strong trend. |
39.02
+0.31 (+0.8%)
CARMAX INC / KMX FAQ
What is the ChartMill technical rating of CARMAX INC (KMX) stock?
ChartMill assigns a technical rating of 0 / 10 to KMX.
What is the current trend direction of CARMAX INC (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 53.1. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARMAX INC?
The MACD indicator for CARMAX INC (KMX) has a value of 1.01379, indicating a bullish trend.
Can you provide the support and resistance levels for CARMAX INC?
CARMAX INC (KMX) has a support level at 34.04 and a resistance level at 39.03. Check the full technical report for our detailed analysis of KMX support and resistance levels.