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Is CAR ready to move higher? Bullish Engulfing shows up after rallying 6.81%

Avis Budget Group, Inc. (CAR) — Nightly Technical Analysis · Aug 31, 2026, 17:51 ET
On Monday, August 31st, CAR moved up 6.81% while volume surged to 2.7× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 138.58, 129.64 & 124.15, with resistance at 153.01, 158.5 & 167.44.

Current SwingTradeBot Technical Rating of CAR: F

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Avis Budget Group, Inc. (CAR)