Technical Analysis for CAR - Avis Budget Group, Inc.
|Grade||Last Price||% Change||Price Change|
CAR closed down 5.54 percent on Friday, April 28, 2017, on 5 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: May 3
Trend Table & Recent Alerts
|Weak or Absent||Down||Down||Up|
|See historical CAR trend table...|
|Date||Alert Name||Type||% Chg|
|Apr 28||Fell Below 50 DMA||Bearish||0.00%|
|Apr 28||Bearish Engulfing||Bearish||0.00%|
|Apr 28||Stochastic Sell Signal||Bearish||0.00%|
|Apr 28||Upper Bollinger Band Walk||Other||0.00%|
|Apr 28||Non-ADX 1,2,3,4 Bearish||Bearish Swing Setup||0.00%|
|Apr 28||Expansion Pivot Sell Setup||Bearish Swing Setup||0.00%|
|Apr 27||Upper Bollinger Band Walk||Other||-5.54%|
|Apr 26||Crossed Above 50 DMA||Bullish||-3.79%|
|Apr 26||Upper Bollinger Band Walk||Other||-3.79%|
|Apr 26||Expansion Pivot Buy Setup||Bullish Swing Setup||-3.79%|
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Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, and ancillary services to businesses and consumers worldwide. It supplies rental cars to the premium commercial and leisure segments of the travel industry under the Avis brand; and to the value-conscious segments of the industry under the Budget brand. The company operates or licenses the Avis car rental system that includes approximately 5,200 locations; and operates approximately 2,650 Avis car rental locations in on-airport and local rental markets; and operates or licenses the Budget vehicle rental system comprising approximately 3,100 car rental locations, and operates approximately 1,550 Budget car rental locations. It also operates local and one-way truck rental businesses, and operates a combined fleet of approximately 27,000 trucks, which are rented through a network of approximately 1,700 dealers and 350 company-operated locations in the continental United States serving the consumer and light commercial sectors. In addition, the company engages in the sale and rental of optional products and services, including loss damage waivers; insurance products, such as additional/supplemental liability insurance or personal accident/effects insurance; automobile towing equipment and other moving accessories consisting of hand trucks, furniture pads, and moving supplies; and products for driving convenience, such as portable GPS navigation units, optional roadside assistance, fuel service options, and electronic toll collection, as well as other ancillary products and services comprising rental of satellite radio units and child safety seats. Its rental fleet comprises approximately 496,000 vehicles. The company was formerly known as Cendant Corporation. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.
Is CAR a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more CAR news...
|52 Week High||41.53|
|52 Week Low||23.0|
|200-Day Moving Average||35.1967|
|50-Day Moving Average||31.1414|
|20-Day Moving Average||29.0835|
|10-Day Moving Average||30.133|
|Average True Range||1.1365|
|Chandelier Exit (Long, 3 ATRs)||29.1105|
|Chandelier Exit (Short, 3 ATRs)||29.9195|
|Upper Bollinger Band||31.9223|
|Lower Bollinger Band||26.2447|
|Percent B (%b)||0.75|