COPART INC (CPRT) Technical Analysis
NASDAQ:CPRT • US2172041061
Current stock price
CPRT Technical Rating and Analysis
Taking everything into account, CPRT scores 0 out of 10 in our technical rating. CPRT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CPRT is a bad performer in the overall market: 88% of all stocks are doing better.
- CPRT is part of the Commercial Services & Supplies industry. There are 81 other stocks in this industry, of which 70% are performing better than CPRT.
- CPRT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CPRT is lagging the market.
- In the last month CPRT has a been trading in the 32.20 - 38.84 range, which is quite wide. It is currently trading near the lows of this range.
- CPRT has an average volume of 9676210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CPRT Weekly and Daily overview Charts
CPRT Setup Rating and Analysis
Although the technical rating is bad, CPRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CPRT Support and Resistance Analysis
32.10
We found 1 important support area.
- A support zone ranging from 32.42 to 32.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 32.62 to 33.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.67 to 35.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.15 to 36.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.31 to 37.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.75 from a horizontal line in the daily time frame.
- Resistance @41.62 from a horizontal line in the daily time frame.
CPRT 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CPRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPRT is down. |
| ChartMill Relative Strength | 12.06 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 87.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.77 | NEUTRAL | The RSI value for CPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CPRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.58 | OVERSOLD | The low Stochastics value suggests CPRT may be oversold. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 38.65 | POSITIVE | The high ADX value value for CPRT suggests a strong trend. |
CPRT Chart- and CandleStick Pattern Analysis
CPRT Technicals: Chart, Performance Metrics, Trend & Indicators
32.61
+0.18 (+0.56%)
COPART INC / CPRT TA FAQ
What is the ChartMill technical rating of COPART INC (CPRT) stock?
ChartMill assigns a technical rating of 0 / 10 to CPRT.
What is the trend direction for CPRT stock?
The current trend direction for COPART INC (CPRT) is Bearish.
What is the RSI signal for CPRT stock?
COPART INC (CPRT) has an RSI value of 31.7662. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COPART INC?
The MACD indicator for COPART INC (CPRT) has a value of -0.045774, indicating a bearish trend.
What is the support and resistance level for CPRT stock?
COPART INC (CPRT) has a support level at 32.42 and a resistance level at 32.62. Check the full technical report for our detailed analysis of CPRT support and resistance levels.