COPART INC (CPRT) Stock Technical Analysis
NASDAQ:CPRT - US2172041061 - Common Stock
48.57 USD
-1.4 (-2.8%)
48.56 USD
-0.01 (-0.02%)
Overall CPRT gets a technical rating of 2 out of 10. In the past year, CPRT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
76% of all other stocks performed better in the past year than CPRT.
CPRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CPRT has an average volume of 6676810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CPRT is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, CPRT did better than 43% of them.
In the last month CPRT has a been trading in the 45.73 - 50.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of CPRT is bad and it also does not present a 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.
More info and screens
44.87
64.44
When analyzing the support we can see 2 important areas.
- Support @46.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 45.32 to 45.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 48.73 to 49.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.88 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CPRT is neutral. |
| ChartMill Relative Strength | 24.31 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 75.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPRT is above the rising 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) | 53.88 | NEUTRAL | The RSI value for CPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CPRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.5 | NEUTRAL | The Stochastics value for CPRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for CPRT suggests a possible start of a new 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)
48.57
-1.4 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.8%
1 Week-0.37%
2 Weeks1.87%
1 Month5.34%
3 Month-3.11%
6 Month-9.62%
12 Month-1.8%
2 Year12.72%
3 Year82.59%
5 Year84.75%
10 Year1081.03%
15 Year2257.05%
Volatility
ATR(14)1.11
ATR(20)%2.07%
ATR Inc268.03%
Range Today2.73
ADR(20)0.91
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.31
Mansfield-1.86
10 Day High50.11
10 Day Low46.14
20 Day High50.11
20 Day Low45.73
52 Week High64.38
52 Week Low45.05
CS1 End46.55
CR1 Start48.73
Volume & EV
DER(3)1.48%
DER(5)1.17%
Volume17.58M
Volume Incr66.68%
Vol(5)9.26M
Vol(50)6.68M