CREDIT ACCEPTANCE CORP (CACC) Stock Technical Analysis
NASDAQ:CACC - Nasdaq - US2253101016 - Common Stock
Overall CACC gets a technical rating of 4 out of 10. CACC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
69% of all other stocks performed better in the past year than CACC.
CACC is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 76% are performing better than CACC.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CACC has a been trading in the 435.19 - 497.12 range, which is quite wide. It is currently trading near the high of this range.
CACC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CACC 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.
CACC has an average technical rating and also the quality of the setup is only medium 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
413.15
588.24
When analyzing the support we can see 4 important areas.
- Support @476.01 from a horizontal line in the daily time frame.
- A support zone ranging from 465.63 to 468.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @442.95 from a trend line in the daily time frame.
- A support zone ranging from 417.32 to 421.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 497.71 to 497.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @582.42 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.65
Mansfield-1.15
10 Day High497.12
10 Day Low435.19
20 Day High497.12
20 Day Low435.19
52 Week High616.66
52 Week Low409.22
Performance
1 Week10.08%
2 Weeks4.22%
1 Month-1.21%
3 Month1.99%
6 Month-16.76%
12 Month-8.83%
2 Year4.79%
3 Year-10.15%
5 Year13.02%
10 Year207.55%
15 Year810.97%
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)
Technical Indicators
MACD(12,26,9)2.06
RSI(14)58.31
LBB443.53
UBB488.52
CREDIT ACCEPTANCE CORP
NASDAQ:CACC (1/17/2025, 8:00:01 PM)
After market: 484.82 0 (0%)484.82
+2.58 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.54%
1 Week10.08%
2 Weeks4.22%
1 Month-1.21%
3 Month1.99%
6 Month-16.76%
12 Month-8.83%
2 Year4.79%
3 Year-10.15%
5 Year13.02%
10 Year207.55%
15 Year810.97%
Volatility
ATR(14)14.72
ATR(20)%3.08%
ATR Inc5.98%
Range Today17.02
ADR(20)13.78
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.65
Mansfield-1.15
10 Day High497.12
10 Day Low435.19
20 Day High497.12
20 Day Low435.19
52 Week High616.66
52 Week Low409.22
CS1 End476.01
CR1 Start497.71
Volume & EV
DER(3)1.09%
DER(5)0.47%
Volume37.20K
Volume Incr-28.27%
Vol(5)35.92K
Vol(50)65.09K