CARMAX INC (KMX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KMX - US1431301027 - Common Stock
Taking everything into account, KMX scores 1 out of 10 in our technical rating. KMX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
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37.76
When analyzing the support we notice one important area.
- A support zone ranging from 38.14 to 38.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 40.09 to 41.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.77 from a trend line in the daily time frame.
- Resistance @47.75 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 | DOWN | NEGATIVE | The short term trend for KMX is down. |
| ChartMill Relative Strength | 9.51 | NEGATIVE | KMX has a low relative strength, it was outperformed by 90.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KMX is below 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) | 46.09 | NEUTRAL | The RSI value for KMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests KMX has a negative trend. |
| Stochastics (14,3) | 20.72 | NEUTRAL | The Stochastics value for KMX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for KMX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for KMX suggests a possible start of a new trend. |
38.45
+0.3 (+0.79%)
CARMAX INC / KMX FAQ
What is the ChartMill technical rating of CARMAX INC (KMX) stock?
ChartMill assigns a technical rating of 1 / 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 46.0924. 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 -0.0695903, indicating a bearish trend.
Can you provide the support and resistance levels for CARMAX INC?
CARMAX INC (KMX) has a support level at 38.44 and a resistance level at 40.09. Check the full technical report for our detailed analysis of KMX support and resistance levels.