America's Car-Mart ($CRMT) - Overbought - views

America's Car-Mart has hit a technical signal on 3 different technical indicators. CRMT is in the Consumer Durables sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $45.95 on Feb 17.

There are currently 4 analysts covering the company. Of these analysts, 3 have a buy recommendation. The current consensus estimate for quarterly earnings among the 4 analysts covering the stock is $0.69 per share. Last quarter the company earned $0.75 per share. The consensus estimate for this years earnings is $2.98 per share as compared to the next years' expectation, of $3.37 per share. The consensus estimate for next years earnings is $3.37 per share, which represents forecast growth of 13.1%.

Over the last 52 weeks, the stock has been trading between $22.77 and $46.40. More recently in the last 4 weeks, the stock has been trading between $37.02 and $46.40. Yesterday the stock traded between $43.19 and $46.40. The stock currently has a PE ratio of 12.0.

America's Car-Mart is trading 15.7% from its 20-day simple moving average (SMA) of $39.73 and 15.9% from its 50-day SMA and 38.49% from its 200-day SMA. Average daily volume over the last 30 days has been 36,573 shares.

At yesterdays close: the RSI was at 81.2, the CCI was at 350.0 and the Fast Stochastic was at 95.2. CRMT closed yesterday at $45.95, on volume of 63,500 shares as compared to an average volume of 36,573 over the last 4 weeks.

America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer in the United States. It primarily sells older model used vehicles and provides financing for its customers. As of October 28, 2011, the company operated 111 dealerships in 9 states. The company was founded in 1981 and is based in Bentonville, Arkansas.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.