Technical Analysis for KMX - CarMax Inc

Grade Last Price % Change Price Change
C 76.66 1.81% 1.36
KMX closed up 1.81 percent on Wednesday, November 20, 2024, on approximately normal volume. It was able to find support at its 50 day moving average. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Bullish Engulfing Bullish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Fell Below 200 DMA Bearish 1.81%
20 DMA Support Bullish 1.81%
50 DMA Support Bullish 1.81%
Hammer Candlestick Bullish 1.81%
Down 3 Days in a Row Weakness 1.81%
Gapped Down Weakness 1.81%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 16 hours ago
Rose Above 200 DMA about 16 hours ago
Up 1% about 18 hours ago
20 DMA Support about 18 hours ago
50 DMA Support about 18 hours ago

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Profile

CarMax Inc Description

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It also provides customers financing alternatives through its finance operation, CarMax Auto Finance, as well as through its third-party financing providers. In addition, the company offers a range of other related products and services, including the sale of extended service plans, guaranteed asset protection, and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair services. As of September 24, 2013, it had 123 used car superstores in 61 markets. The company was founded in 1993 and is based in Richmond, Virginia.


Classification

Sector: Consumer Cyclical
Industry: Auto & Truck Dealerships
Keywords: S&P 500 Used Car Auction Auto Finance Big Box Store

Is KMX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

T

TraderMike over 1 year ago

Impressive earnings reaction today.  Just look at all the signals it triggered today, including:

  • Expansion Pivot Buy Setup
  • Crossed Above 50 DMA
  • Pocket Pivot
  • Volume Surge
  • Above Upper BB
  • MACD Bullish Centerline Cross
Looks like it could be turning the corner from it's long multi-month slide but it still has a big test at the $80 level.

1 Reply
D

DistantFerret739 over 1 year ago

Correction today to get back in the band.  Could slowly creep up now.  

0 Reply
T

TraderMike over 1 year ago

Yeah, yesterday's gap is begging to be filled.  One of my favorite setups is a gap fill & reverse.  I'll definitely be watching for an entry point.

0 Reply

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Indicators

Indicator Value
52 Week High 88.22
52 Week Low 62.9043
Average Volume 1,863,948
200-Day Moving Average 75.93
50-Day Moving Average 75.10
20-Day Moving Average 75.19
10-Day Moving Average 76.86
Average True Range 1.97
RSI (14) 54.34
ADX 17.5
+DI 28.75
-DI 22.36
Chandelier Exit (Long, 3 ATRs) 73.73
Chandelier Exit (Short, 3 ATRs) 76.74
Upper Bollinger Bands 79.27
Lower Bollinger Band 71.11
Percent B (%b) 0.68
BandWidth 10.86
MACD Line 0.70
MACD Signal Line 0.49
MACD Histogram 0.2042
Fundamentals Value
Market Cap 12.11 Billion
Num Shares 158 Million
EPS 3.13
Price-to-Earnings (P/E) Ratio 24.49
Price-to-Sales 0.42
Price-to-Book 1.95
PEG Ratio 0.92
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 79.80
Resistance 3 (R3) 79.47 78.09 79.27
Resistance 2 (R2) 78.09 77.29 78.26 79.10
Resistance 1 (R1) 77.38 76.80 77.74 77.71 78.92
Pivot Point 76.00 76.00 76.18 76.17 76.00
Support 1 (S1) 75.29 75.20 75.65 75.62 74.40
Support 2 (S2) 73.91 74.71 74.08 74.22
Support 3 (S3) 73.20 73.91 74.05
Support 4 (S4) 73.53