America's CAR-MART Inc

In a Stage 4 decline, CRMT remains in a clear sequence of lower highs and lower lows under down-sloping EMAs, with volume favoring sellers. A late-June Bearish Exhaustion candle signals short-term fatigue but no structural repair, leaving the medium-term bias firmly bearish. Price is currently retracing into the declining 9EMA/21EMA zone, offering a tactical sell opportunity. Execution should be deferred (Trim) pending rejection at these moving-average resistance levels.

• ↑Serves subprime buyers, tapping growing affordable used-car demand.
• ↑Lenders granted covenant relief until Sept 2026, easing default pressure.
• ↓Negative net profit margins and free cash flow reflect losses.