$AN Relative Strength buy signal – Strong resistance at $62

The Chaikin Power Gauge Rating for Auto Nation Inc. is Neutral with attractive financial metrics, very strong earnings performance, weak price/volume activity and positive expert activity.

AN’s earnings performance is very strong as a result of high earnings growth over the past 3-5 years and better than expected earnings in recent quarters.

Despite bullish factors, AN has moved below its long-term trend, resulting in a Power Gauge rating of Neutral+.

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