CARGURUS INC (CARG) Technical Analysis

NASDAQ:CARG • US1417881091

Current stock price

38.23 USD
+1.1 (+2.96%)
Last:

CARG Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CARG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CARG is showing a nice and steady performance.

  • Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, CARG did better than 74% of all other stocks. We also observe that the gains produced by CARG over the past year are nicely spread over this period.
  • CARG is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. CARG outperforms 82% of them.
  • CARG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CARG is lagging the market slightly.
  • In the last month CARG has a been trading in the 32.37 - 37.52 range, which is quite wide. It is currently trading near the high of this range.
  • CARG has an average volume of 1363220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

CARG Weekly and Daily overview Charts

CARGURUS INC / CARG Weekly stock chart
CARGURUS INC / CARG Daily stock chart

CARG Setup Rating and Analysis

3

Although CARG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

CARG Support and Resistance Analysis

27.56

40.17

4 important support areas can be observed.

  • Support @38.21 from a horizontal line in the daily time frame.
  • A support zone ranging from 35.06 to 35.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 33.32 to 33.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @27.84 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 38.85 to 39.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @39.77 from a horizontal line in the weekly time frame.

CARG Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CARG is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CARG is up.
ChartMill Relative Strength74.27POSITIVECARG has a high relative strength, it outperformed 74.27% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CARG is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CARG is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CARG is above the rising SMA(200).
Relative Strength Index/RSI (14)67.52NEUTRALThe RSI value for CARG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.17POSITIVEThe MACD value suggests CARG has a positive trend.
Stochastics (14,3)91.32OVERBOUGHTThe high Stochastics value suggests CARG may be overbought.
Average True Range in percent/ATR (20)3.26MEDIUM VOLATILITYThe ATR as a percentage value for CARG suggests some volalility.
Average Directional Index/ADX (14)24.21NEUTRALThe ADX value for CARG suggests a possible start of a new trend.

CARG Chart- and CandleStick Pattern Analysis

Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

CARG Technicals: Chart, Performance Metrics, Trend & Indicators

CARGURUS INC / CARG Daily stock chart

CARGURUS INC

NASDAQ:CARG (4/21/2026, 12:06:12 PM)

38.23

+1.1 (+2.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryInteractive Media & Services
Performance
% Chg2.96%
1 Week6.57%
2 Weeks6.85%
1 Month10.51%
3 Month9.21%
6 Month0.92%
12 Month30.33%
2 Year65.32%
3 Year125.85%
5 Year50.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%3.26%
ATR Inc-17.14%
Range Today1.08
ADR(20)1.17
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.27
3 months CRS83.48
6 months CRS50.86
Mansfield0.08
10 Day High37.52
10 Day Low33.34
20 Day High37.52
20 Day Low32.37
52 Week High39.42
52 Week Low25.41
CS1 End35.5
CR1 Start38.21
Volume & EV
DER(3)1.14%
DER(5)2.09%
Volume210.94K
Volume Incr-48.56%
Vol(5)651.34K
Vol(50)1.36M

CARGURUS INC / CARG TA FAQ

What is the ChartMill technical rating of CARGURUS INC (CARG) stock?

ChartMill assigns a technical rating of 10 / 10 to CARG.


What is the trend direction for CARG stock?

The current trend direction for CARGURUS INC (CARG) is Bullish.


Can you provide the RSI signal for CARGURUS INC?

CARGURUS INC (CARG) has an RSI value of 67.5199. 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.


What is the buy/sell signal for CARGURUS INC (CARG) stock?

The buy/sell signal for CARGURUS INC (CARG) is buy as both the short term and long term trends are positive.