Overall CARG gets a technical rating of 5 out of 10. Although CARG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, CARG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.03, a Stop Loss order could be placed below this zone.
More info and screens
31.30
3 important support areas can be observed.
- A support zone ranging from 34.09 to 35.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.75 to 33.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.62 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 35.56 to 35.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.79 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.42 to 37.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CARG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARG is up. |
| ChartMill Relative Strength | 37.26 | NEUTRAL | CARG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CARG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CARG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.14 | NEUTRAL | The RSI value for CARG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CARG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.81 | NEUTRAL | The Stochastics value for CARG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CARG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.17 | NEGATIVE | The low ADX value for CARG suggests a weak or negative trend. |
NASDAQ:CARG (12/1/2025, 2:24:03 PM)
35.54
+0.26 (+0.74%)
CARGURUS INC / CARG FAQ
What is the ChartMill technical rating of CARGURUS INC (CARG) stock?
ChartMill assigns a technical rating of 5 / 10 to CARG.
Can you provide the trend direction for CARGURUS INC?
The current trend direction for CARGURUS INC (CARG) is Bullish.
What is the RSI signal for CARGURUS INC (CARG) stock?
CARGURUS INC (CARG) has an RSI value of 51.1412. This indicates that the stock is currently neutral.
What is the short term momentum for CARG stock?
The short term momentum for CARGURUS INC (CARG) is positive.
Can you provide the support and resistance levels for CARGURUS INC?
CARGURUS INC (CARG) has a support level at 35.03 and a resistance level at 35.56. Check the full technical report for our detailed analysis of CARG support and resistance levels.