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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Avis Budget Group, Inc. (NASDAQ:CAR)
Sidelines Mode (-55) - CAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CAR
The long-term trend has been DOWN since Oct 2nd, 2023 at 176.110
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 113.855
The short-term trend has been UP since May 2nd, 2024 at 105.360
Smart Scan Analysis for CAR
Based on our trend formula, CAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 116.43 | 118.20 | 111.88 | 115.50 | +1.73 |
| Prev. Close | Volume | Bid | Ask | Time |
| 115.60 | 893043 | 2024-05-03 15:59:54 |
| Year High | 50.88 | Year High Date | 2018-03-20 |
| Year Low | 26.97 | Year Low Date | 2018-10-29 |
| 52wk High | 244.95 | 52wk High Date | 2023-07-19 |
| 52wk Low | 93.53 | 52wk Low Date | 2024-04-25 |
| Year End Close | 19.82 | Average Volume | 914,618 |
| Shares Outstanding | 35,473 | Short Interest | 16,078,521 |
| % Institutional | 99.6 | Market Cap | 2,213M |
| Assets | 325,690,000M | Liabilities | 329,180,000M |
| P/E Ratio | 2.7037 | Beta | 2.68 |
| Volatility | 71.27 |