COPART INC (CPRT) Stock Technical Analysis
NASDAQ:CPRT - Nasdaq - US2172041061 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CPRT. CPRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than CPRT.
CPRT is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 63% 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 48.31 - 63.85 range, which is quite wide. It is currently trading near the lows of this range.
CPRT has an average volume of 6311180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CPRT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
48.10
64.44
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 50.20 to 50.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 52.88 to 53.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 63.39 to 63.80. 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 | 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 | 24.6 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 75.4% 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) | 19.89 | OVERSOLD | The low RSI value suggests CPRT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests CPRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.04 | OVERSOLD | The low Stochastics value suggests CPRT may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 43.61 | POSITIVE | The high ADX value value for CPRT suggests a strong trend. |
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)
48.59
-1.4 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.8%
1 Week-3.07%
2 Weeks-5.61%
1 Month-22.84%
3 Month-7.71%
6 Month-20.64%
12 Month-8.68%
2 Year6.55%
3 Year78.87%
5 Year133.41%
10 Year995.6%
15 Year2071.01%
Volatility
ATR(14)1.01
ATR(20)%2.77%
ATR Inc-6.81%
Range Today1.27
ADR(20)1.18
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.6
Mansfield-1.59
10 Day High51.4
10 Day Low48.31
20 Day High63.85
20 Day Low48.31
52 Week High64.38
52 Week Low48.05
CS1 EndN/A
CR1 Start50.2
Volume & EV
DER(3)0.65%
DER(5)1.29%
Volume8.55M
Volume Incr0.47%
Vol(5)7.47M
Vol(50)6.31M