CREDIT ACCEPTANCE CORP (CACC) Stock Technical Analysis
NASDAQ:CACC - Nasdaq - US2253101016 - Common Stock - Currency: USD
Taking everything into account, CACC scores 1 out of 10 in our technical rating. CACC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CACC is one of the lesser performing stocks in the Consumer Finance industry. 69% of 53 stocks in the same industry do better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, CACC outperforms 41% of them, which is more or less in line with the market.
CACC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CACC has a been trading in the 435.00 - 543.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CACC does present a nice setup opportunity. 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 482.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 470.31, a Stop Loss order could be placed below this zone.
More info and screens
460.83
588.24
When analyzing the support we notice one important area.
- A support zone ranging from 465.48 to 470.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 482.54 to 497.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @507.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 523.56 to 529.81. 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
CRS41.65
Mansfield0.41
10 Day High509.56
10 Day Low435
20 Day High543.13
20 Day Low435
52 Week High614.96
52 Week Low409.22
Performance
1 Week-4.78%
2 Weeks-4.95%
1 Month-5.13%
3 Month-2.61%
6 Month-0.66%
12 Month-11.82%
2 Year-3.54%
3 Year-7.87%
5 Year51.55%
10 Year99.91%
15 Year946.98%
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)-2.31
RSI(14)42.12
LBB451.25
UBB533.3
472.19
-9.96 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.07%
1 Week-4.78%
2 Weeks-4.95%
1 Month-5.13%
3 Month-2.61%
6 Month-0.66%
12 Month-11.82%
2 Year-3.54%
3 Year-7.87%
5 Year51.55%
10 Year99.91%
15 Year946.98%
Volatility
ATR(14)27.64
ATR(20)%5.05%
ATR Inc-20.04%
Range Today19.36
ADR(20)22.05
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.65
Mansfield0.41
10 Day High509.56
10 Day Low435
20 Day High543.13
20 Day Low435
52 Week High614.96
52 Week Low409.22
CS1 End470.31
CR1 Start482.54
Volume & EV
DER(3)-0.06%
DER(5)0.4%
Volume57.80K
Volume Incr-46.01%
Vol(5)63.42K
Vol(50)85.56K