COPART INC (CPRT) Technical Analysis
NASDAQ:CPRT • US2172041061
Current stock price
CPRT Technical Rating and Analysis
Taking everything into account, CPRT scores 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 91% of all other stocks performed better in the past year than CPRT.
- CPRT is one of the lesser performing stocks in the Commercial Services & Supplies industry. 71% of 79 stocks in the same industry do better.
- CPRT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CPRT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- CPRT has an average volume of 9728740 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. There is a support zone below the current price at 32.52, a Stop Loss order could be placed below this zone.
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 32.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 33.69 to 34.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.38 to 36.93. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for CPRT is neutral. |
| ChartMill Relative Strength | 9.05 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 90.95% 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) | 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) | 48.12 | NEUTRAL | The RSI value for CPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CPRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.29 | NEUTRAL | The Stochastics value for CPRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.9 | NEUTRAL | The ADX value for CPRT suggests a possible start of a new trend. |
CPRT Chart- and CandleStick Pattern Analysis
CPRT Technicals: Chart, Performance Metrics, Trend & Indicators
33.68
-0.06 (-0.18%)
COPART INC / CPRT TA FAQ
What is the ChartMill technical rating of COPART INC (CPRT) stock?
ChartMill assigns a technical rating of 1 / 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 COPART INC (CPRT) stock?
COPART INC (CPRT) has an RSI value of 48.1161. This indicates that the stock is currently neutral.
What are the support and resistance levels for COPART INC (CPRT) stock?
COPART INC (CPRT) has a support level at 32.52 and a resistance level at 33.69. Check the full technical report for our detailed analysis of CPRT support and resistance levels.