KAR NEWS why is Kar Auction Services, Inc price falling or rising

KAR NEWS reasons for why stock price of Kar Auction Services, Inc is falling or rising

KAR Kar Auction is falling or rising technical reasons

Technical analysis forecast of Kar Auction Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Kar Auction KAR at this time. Stock is rising and might rise more.

It appears as if Kar Auction KAR gave a large move recently.

Stock of Kar Auction (KAR) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Kar Auction is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 18, for a target of 17.7 or 17.39

KAR Kar Auction is falling or rising NEWS fundamental reasons

Indians make 10-12 billion cashless payments: Jaishankar on digital infra Jaishankar said that India will play a big role in global economic development due to the strength of its structural soundness - NEWS as on 2024-05-05 business-standard.com

​​Like double engine ki sarkar, we will pursue a double engine ka karobar: Rajiv Bajaj reveals company's growth mantra Bajaj Auto's Managing Director, Rajiv Bajaj, revealed the company's dual-pronged strategy for the Indian market, emphasizing approaches for sports bikes, commuter models, and three-wheelers. He criticized the government's high taxation on commuter motorcyc - NEWS as on 2024-05-03 indiatimes.com

Navkar Corporation standalone net profit rises 116.72% in the March 2024 quarter Sales rise 13.88% to Rs 117.92 crore - NEWS as on 2024-04-30 business-standard.com

More announcements and NEWS

KAR Kar Auction Services, Inc current price & indicator signals

Moving Averages for Kar Auction Services, Inc

  • 5Day Average: 17.65
  • 12Day Average: 17.46
  • 20Day Average: 17.4
  • 50Day Average: 16.75
  • 100Day Average: 15.61
  • 150Day Average: 15.22
  • 200Day Average: 15.24

KAR Indicators & signals

Indicator MACD (12,26,9)

17.55, 17.27, 0.26
Indicator MACD is in positive zone

Indicator ADX (14)

10, 24.44, 20
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of KAR Kar Auction Services, Inc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Mon May 2024 18.35 17.80 to 18.36 3.73% 0.87 times
03 Fri May 2024 17.69 17.47 to 17.85 0.63% 0.96 times
02 Thu May 2024 17.58 16.74 to 17.63 0.74% 1.7 times
01 Wed May 2024 17.45 17.17 to 17.79 1.57% 1.13 times
30 Tue Apr 2024 17.18 17.10 to 17.52 -1.32% 1.6 times
29 Mon Apr 2024 17.41 17.41 to 17.65 -0.06% 0.6 times
26 Fri Apr 2024 17.42 17.40 to 17.60 0.23% 0.43 times
25 Thu Apr 2024 17.38 17.23 to 17.47 -0.69% 0.59 times
24 Wed Apr 2024 17.50 17.43 to 17.68 -0.34% 0.76 times
23 Tue Apr 2024 17.56 16.88 to 17.65 3.23% 0.84 times
22 Mon Apr 2024 17.01 16.90 to 17.26 0.12% 1.39 times
19 Fri Apr 2024 16.99 16.83 to 17.30 -0.53% 1.01 times

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