KMX support zone 57.5 hit

Support zone: close above is a hit. Close on the level is a push. Graded on the regular-session close.

A support zone is a price below the market where a large amount of options positioning sits. The idea is that this positioning can slow a move down there, so the test is simple: does the stock close above it? When it was posted at 07:17 ET, KMX traded at 59.4, 3.3% above the support zone. On the same map, the next level above was 65 and the next level below was 55. See the original post.

Price traded through the support zone during the session (first 5-minute close on the wrong side at 4 PM ET), with a low of 52.61 and a high of 62.17. In the last hour price moved down 7.30, from 59.91 to 52.61.

The regular-session close was 59.27, 1.77 (3.08%) above the support zone at 57.5. Under the rule (support zone: close above is a hit), that is a hit.

CarMax reported fiscal Q2 2027 results before the open, with EPS of $1.16 versus $0.64 a year earlier, and said it plans to resume share repurchases this quarter. KMX finished the day up 4.7%, while SPY was down 0.2%.

• CarMax IR: Second quarter fiscal 2027 results