CARGURUS INC (CARG)

US1417881091 - Common Stock

22.75  -0.16 (-0.7%)

After market: 22.75 0 (0%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to CARG. CARG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CARG is one of the better performing stocks in the market, outperforming 80% of all stocks.
CARG is part of the Interactive Media & Services industry. There are 68 other stocks in this industry. CARG outperforms 73% of them.
CARG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CARG is performing more or less in line with the market.
In the last month CARG has a been trading in the 21.18 - 23.73 range, which is quite wide. It is currently trading near the high of this range.
CARG has an average volume of 1185250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CARG Weekly chart
CARG Daily chart
Setup Rating and Analysis

6

CARG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

Support and Resistance Analysis

17.73

24.73

When analyzing the support we can see 5 important areas.

  • Support @22.20 from a horizontal line in the weekly time frame.
  • Support @21.65 from a trend line in the daily time frame.
  • A support zone ranging from 21.22 to 21.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @19.38 from a trend line in the weekly time frame.
  • Support @17.91 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 22.81 to 23.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.83 to 24.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.05
Mansfield-0.22
10 Day High23.56
10 Day Low22.2
20 Day High23.73
20 Day Low21.18
52 Week High24.64
52 Week Low16.02
Performance
1 Week-2.02%
2 Weeks2.48%
1 Month-2.57%
3 Month-5.05%
6 Month21.85%
12 Month40.82%
2 Year-10.15%
3 Year-19.38%
5 Year-33.4%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)50.31
LBB21.2
UBB23.86
CARG Daily chart

CARGURUS INC

NASDAQ:CARG (5/3/2024, 7:00:02 PM)

After market: 22.75 0 (0%)

22.75

-0.16 (-0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.7%
1 Week-2.02%
2 Weeks2.48%
1 Month-2.57%
3 Month-5.05%
6 Month21.85%
12 Month40.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%2.76%
ATR Inc
Range Today0.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.56
10 Day Low22.2
20 Day High23.73
20 Day Low21.18
52 Week High24.64
52 Week Low16.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume707.30K
Volume Incr4.9%
Vol(5)712.60K
Vol(50)1.19M