Carmax Inc (KMX): Price Now Near $136.39; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for KMX

Currently, KMX (Get Ratings)’s price is up $0.81 (0.6%) from the hour prior. KMX has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Retail stocks, KMX ranks 8th in regards to today’s price percentage change.

KMX’s Technical Outlook on the Daily Chart

At the time of this writing, KMX’s price is up $2.27 (1.69%) from the day prior. This move is a reversal from the day prior, which saw price move down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Carmax Inc’s price action over the past 90 days can be seen via the chart below.

KMX

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KMX: Daily RSI Analysis

  • For KMX, its RSI is now at 79.4147.
  • KMX and RSI both have consistent trends, as they are both heading up.

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