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Takip Edin: @UscMarketsKMX Stock Forecast & CarMax Chart Analysis
This article provides a detailed analysis of KMX-CarMax stock including a forecast for KMX shares. It features CarMax, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
KMX Historical Data Review
KMX Current Price Performance Analysis
The CarMax - KMX stock traded on the American stock market, on 06-05-2024, closed at 72.3$ with a %1.86 increased compared to the previous day.
In the last month, the price of KMX changed by %3.89 increased in value, from 69.59 dollars on 05-06-2024 to 72.3 dollars, increased.
Last year, the price of KMX was 79.08 dollars on 06-06-2023, and changed by %-8.57 decreased in value, to 72.3 dollars decreased within a year.
The price of CarMax stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
KMX with AI Stock Forecast & Price Target
On the KMX chart CarMax price was recorded as 72.3 Dollars on 06/05/2024.
The artificial intelligence's forecast on KMX stock is as follows.
The artificial intelligence's prediction error margin for KMX stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for CarMax stock over the next 4 months is: 72.8 Dollars.
The commentary on KMX stock Target Price: Highest: 80.939 Dollars is predicted.
The commentary on KMX stock Target Price: Lowest: 66.732 Dollars is predicted.
Resistance Price where CarMax stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 76.684 |
| 10-18-2024 | 80.939 |
| 12-12-2024 | 76.539 |
Support Price where CarMax stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 66.732 |
| 11-27-2024 | 76.065 |
| 03-17-2025 | 67.088 |
The commentary on KMX stock: The target price can generally be said to be on the decline.
The commentary on KMX stock: Fluctuations in the target price can be expected in the coming days.
The target price for CarMax stock by the end of 2024 is predicted to be 76.402 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on KMX stock, and the 2024 target price predictions for CarMax are detailed above.
The technical analysis and charts for the commentary on KMX stock are below.
KMX Support & Resistance and Trend Analysis
KMX stock you have reviewed the technical analysis support resistance charts regarding.
KMX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the KMX review, the CarMax support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
CarMax Support and Resistance Prices:
| KMX Support Level Price | KMX Resistance Level Price |
|---|---|
| 61.73 | 69.00 |
| 62.90 | 71.59 |
| 64.72 | 71.93 |
| 65.83 | 77.47 |
| 66.86 | 77.78 |
| 66.87 | 78.29 |
| 69.57 | 84.20 |
| 69.61 | 87.03 |
| 78.89 | 88.22 |
KMX Technical Analysis: SMA, RSI, MACD
Upon reviewing the KMX chart, buy and sell signals have been generated in the CarMax technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for KMX stock are as follows:- The technical analysis for KMX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for KMX indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for CarMax issued a 'Buy' signal when the MACD was at -0.821, with the current MACD value being: -0.501
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for CarMax stock: Click here to read more predictions on Kongsberg Gruppen ASA stock.
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