|
|
|
|
Archive
- 12/13/2024 -
Sign In to see current Signals. |
Carmax Inc (KMX) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a seventh consecutive positive week for the Carmax Inc (KMX). During the week, the KMX climbed 0.03 points, or 0.03%, and closed at 86.26 on Friday, December 13, 2024. Weekly volume was -8% below average.
KMX is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See KMX long-term trend chart]
A long-term downtrend had started on November 8, 2021 at 155.98 and reached 52.10 on December 22, 2022. KMX lost 103.88 points, or 66.60%, in 58 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (69.70) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. KMX may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See KMX medium-term trend chart]
A medium-term uptrend had started on December 22, 2022 at 52.10 and reached 88.22 on March 28, 2024. KMX gained -36.12 points, or -69.33%, in 66 weeks. The chart has formed a Ascending Triangle chart pattern. The price is near the trend resistance line (87.16). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See KMX weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since November 22, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See KMX short-term trend chart]
A short-term uptrend had started on October 10, 2024 at 69.95 and reached 87.98 on December 9, 2024. KMX gained -18.03 points, or -25.78%, in 60 days. The price is now at the 9.54% retracement level.
 Daily Technical Indicators: [See KMX daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.
The daily MACD line is above its signal line since October 15, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
8 |
| Industry |
Specialty Stores |
86 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
69.95 |
| Low Date |
10/10/2024 |
| High |
87.98 |
| High Date |
12/09/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
86.82 |
| High Date |
08/26/2024 |
| Low |
69.95 |
| Low Date |
10/10/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Test Resistance |
| Resistance |
85.77 |
| Support |
73.41 |
| Low |
59.66 |
| Low Date |
10/30/2023 |
| High |
88.22 |
| High Date |
03/28/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Ascending Triangle |
| Status |
Test Resistance |
| Resistance |
87.16 |
| Support |
71.62 |
| Low |
52.10 |
| Low Date |
12/22/2022 |
| High |
88.22 |
| High Date |
03/28/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
30.16 |
| Support |
69.70 |
| High |
155.98 |
| High Date |
11/08/2021 |
| Low |
52.10 |
| Low Date |
12/22/2022 |
|
|