CARS NEWS why is Cars.com Inc. price falling or rising

CARS NEWS reasons for why stock price of Cars.com Inc. is falling or rising

CARS Cars Com is falling or rising technical reasons

Technical analysis forecast for Cars Com Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cars Com CARS at this time. Stock is falling and might fall more.

It appears as if Cars Com CARS gave a large move recently.

Stock of Cars Com (CARS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Cars Com is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cars Com stays below 16.9, but if it comes above 16.9, then a intra day buy could be more profitable.
If you take a sell trade below 16.9, then use 16.9 as stoploss and 16.2 as target. However if you take a buy trade in Cars Com, then use 16.9 as stoploss and 17.47 as target.

CARS Cars Com is falling or rising NEWS fundamental reasons

With 9 out of 10 cars sold in Norway now electric, Chinese companies gain share Of the 128,691 new car registrations last year, 114,400 were electric, the highest share of any major national car market and up from an 82% share in 2023. Norway aims for all new cars sold to be "zero emission" starting in 2025, which is 10 years ahead of - NEWS as on 2025-01-02 indiatimes.com

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CARS Cars.com Inc. current price & indicator signals

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