CarMax (KMX, $63.73) price may climb as it broke lower Bollinger Band on Mar 10, 2023

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A.I.dvisor
at Tickeron.com
03/11/23
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KMX - CarMax
Bollinger signal
Bullish Trend
86%
Odds of UP Trend
Bollinger signal
Price: $63.73
Daily change: -$2.64 (-3.98%)
Daily volume: 3.4M
Industry: Specialty Stores
This price move could be a signal that KMX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 37 similar cases where KMX's price broke its lower Bollinger Band, and of them led to a successful outcome. Odds of Success:
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
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A.I. Advisor
published General Information

General Information

a holding company whose subsidiaries sell and finance used motor vehicles

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
12800 Tuckahoe Creek Parkway
Phone
+1 804 747-0422
Employees
30621
Web
https://www.carmax.com
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KMX and

Correlation & Price change

A.I.dvisor indicates that over the last year, KMX has been closely correlated with PAG. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if KMX jumps, then PAG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KMX
1D Price
Change %
KMX100%
+3.97%
PAG - KMX
69%
Closely correlated
+5.73%
ABG - KMX
68%
Closely correlated
+6.64%
LAD - KMX
68%
Closely correlated
+4.95%
AN - KMX
67%
Closely correlated
+6.07%
GPI - KMX
65%
Loosely correlated
+5.22%
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