Is CarMax Inc (NYSE:KMX) Set To Blow Up? (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: We have done an in-depth analysis of how KMX has been trading over the last 2 weeks and the past day especially. On its latest session, CarMax Inc (NYSE:KMX) opened at 87.22, reaching a high of 88.05 and a low of 87.13 before closing at a price of 87.67. There was a total volume of 1256875.

VOLUME INDICATORS FOR CARMAX INC (NYSE:KMX): We saw an accumulation-distribution index of 14491.48924, an on-balance volume of -87.43, chaikin money flow of 1.21687 and a force index of 0.438. There was an ease of movement rating of -0.00014, a volume-price trend of -2.69477 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CARMAX INC (NYSE:KMX): We noted an average true range of 1.14134, bolinger bands of 87.28542, an upper bollinger band of 86.80458, lower bollinger band of 87.13, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 87.46667, high band keltner channel of 86.63667, low band keltner channel of 88.29667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 87.13, a donchian channel low band of 87.13, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CARMAX INC (NYSE:KMX): We calculated a Moving Average Convergence Divergence (MACD) of -0.00381, a MACD signal of -0.00212, a MACD difference of -0.0017, a fast Exponential Moving Average (EMA) indicator of 87.13, a slow Exponential Moving Average (EMA) indicator of 87.13, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.25264, a trix of -4.25958, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 2.70938, a KST Oscillator (KST) of -30.15802 and a KST Oscillator (KST Signal) of -30.15802 (leaving a KST difference of -0.47307). We also found an Ichimoku rating of 87.635, an Ichimoku B rating of 87.635, a Ichimoku visual trend A of 91.56368, an Ichimoku visual trend B of 92.28318, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR CARMAX INC (NYSE:KMX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.8565, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -51.41451, a stochastic oscillator of 110.84337, a stochastic oscillator signal of 110.84337, a Williams %R rating of 10.84337 and an awesome oscillator of 0.34353.

RETURNS FOR CARMAX INC (NYSE:KMX): There was a daily return of -3.0158, a daily log return of -0.1953 and a cumulative return of -0.19511.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-02 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for CarMax Inc (NYSE:KMX)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling CarMax Inc (NYSE:KMX) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.