AVIS BUDGET GROUP INC (CAR) Stock Technical Analysis
NASDAQ:CAR - Nasdaq - US0537741052 - Common Stock
We assign a technical rating of 4 out of 10 to CAR. Recently some decent action could be observed, but in the medium term time frame this is still negative. CAR was also a bad performer in the overall market in the last year.
87% of all other stocks performed better in the past year than CAR.
CAR is part of the Ground Transportation industry. There are 38 other stocks in this industry, of which 81% are performing better than CAR.
CAR 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 CAR has a been trading in the 75.88 - 91.99 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, CAR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 90.31. Right above this resistance zone may be a good entry point.
More info and screens
76.70
113.25
We found 4 important support areas.
- A support zone ranging from 83.91 to 84.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.79 to 80.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.86 from a horizontal line in the daily time frame.
- Support @77.47 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 90.31 to 90.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @95.14 from a trend line in the weekly time frame.
- A resistance zone ranging from 104.56 to 106.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @107.85 from a trend line in the daily time frame.
- Resistance @112.13 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.53
Mansfield-1.94
10 Day High91.99
10 Day Low81.55
20 Day High91.99
20 Day Low75.88
52 Week High176.79
52 Week Low65.73
Performance
1 Week7.85%
2 Weeks10.45%
1 Month8.17%
3 Month9.64%
6 Month-13.79%
12 Month-48.16%
2 Year-54.86%
3 Year-48.75%
5 Year175.31%
10 Year57.56%
15 YearN/A
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)1.34
RSI(14)55.49
LBB77.91
UBB92.48
AVIS BUDGET GROUP INC
NASDAQ:CAR (1/21/2025, 8:00:00 PM)
Premarket: 89.81 -0.49 (-0.54%)90.3
+0.11 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.13%
1 Week7.85%
2 Weeks10.45%
1 Month8.17%
3 Month9.64%
6 Month-13.79%
12 Month-48.16%
2 Year-54.86%
3 Year-48.75%
5 Year175.31%
10 Year57.56%
15 YearN/A
Volatility
ATR(14)3.54
ATR(20)%3.95%
ATR Inc-18.44%
Range Today3.49
ADR(20)3.19
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.53
Mansfield-1.94
10 Day High91.99
10 Day Low81.55
20 Day High91.99
20 Day Low75.88
52 Week High176.79
52 Week Low65.73
CS1 End84.02
CR1 Start90.31
Volume & EV
DER(3)-0.43%
DER(5)-1%
Volume444.90K
Volume Incr10.25%
Vol(5)659.38K
Vol(50)618.19K