(CACC) Trading Report

February 26, 2025, 08:18 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CACC

• Buy CACC near 463.26 target 517.78 stop loss @ 461.92 Details

The technical summary data tells us to buy CACC near 463.26 with an upside target of 517.78. This data also tells us to set a stop loss @ 461.92 to protect against excessive loss in case the stock begins to move against the trade. 463.26 is the first level of support below 477.51 , and by rule, any test of support is a buy signal. In this case, support 463.26 is being tested, a buy signal would exist.

• Short CACC slightly under 517.78, target 463.26, stop loss @ 519.28 Details

The technical summary data is suggesting a short of CACC as it gets near 517.78 with a downside target of 463.26. We should have a stop loss in place at 519.28though. 517.78 is the first level of resistance above 477.51, and by rule, any test of resistance is a short signal. In this case, if resistance 517.78 is being tested, a short signal would exist.

Swing Trading Plans for CACC

• Buy CACC slightly over 489.57, target 515.1, Stop Loss @ 488.16 Details

If 489.57 begins to break higher, the technical summary data tells us to buy CACC just slightly over 489.57, with an upside target of 515.1. The data also tells us to set a stop loss @ 488.16 in case the stock turns against the trade. 489.57 is the first level of resistance above 477.51, and by rule, any break above resistance is a buy signal. In this case, 489.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CACC slightly near 489.57, target 463.26, Stop Loss @ 490.98. Details

The technical summary data is suggesting a short of CACC if it tests 489.57 with a downside target of 463.26. We should have a stop loss in place at 490.98 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 489.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CACC

• Buy CACC slightly over 484.49, target 489.57, Stop Loss @ 483.36 Details

If 484.49 begins to break higher, the technical summary data tells us to buy CACC just slightly over 484.49, with an upside target of 489.57. The data also tells us to set a stop loss @ 483.36 in case the stock turns against the trade. 484.49 is the first level of resistance above 477.51, and by rule, any break above resistance is a buy signal. In this case, 484.49, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CACC slightly near 484.49, target 476.35, Stop Loss @ 485.62. Details

The technical summary data is suggesting a short of CACC if it tests 484.49 with a downside target of 476.35. We should have a stop loss in place at 485.62 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 484.49, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Credit Acceptance Corporation (CACC) available here: CACC.

CACC Ratings for February 26:

AI Generated Signals for CACC

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Credit Acceptance Corporation (NASDAQ: CACC) while incorporating prudent risk controls. 

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CACC change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CACC is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CACC too.  All of these are offered below the Summary Table.