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AutoNation Inc AN

AutoNation, Inc., through its subsidiaries, is an automotive retailer in the United States. The Company operates through three segments: Domestic, Import and Premium Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and Stellantis. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, Hyundai, Subaru, and Nissan. Its Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, Lexus, Jaguar, Bentley, and Land Rover. The franchises in each segment also sell used vehicles, parts and automotive repair and maintenance services, and automotive finance and insurance products. It owns and operates approximately 349 new vehicle franchises from 252 stores located in the United States, primarily in metropolitan markets in the Sunbelt region.


NYSE:AN - Post by User

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Post by jonahgon Aug 01, 2022 1:27pm
92 Views
Post# 34864221

stock is currently in a consolidation pattern

stock is currently in a consolidation pattern
stock is going back nine months with an official buy point of 133.58, according to MarketSmith analysis. But investors should probably focus on early entries around 125-126.
 
While it has made big moves on its daily chart, its weekly chart shows more orderly behavior. It is one to watch for now.
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