Overall CPRT gets a technical rating of 1 out of 10. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CPRT is a bad performer in the overall market: 84% of all stocks are doing better.
- CPRT is one of the lesser performing stocks in the Commercial Services & Supplies industry. 65% of 80 stocks in the same industry do better.
- 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CPRT has an average volume of 8544550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, CPRT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
37.38
2 important support areas can be observed.
- Support @38.41 from a horizontal line in the daily time frame.
- A support zone ranging from 37.76 to 37.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 40.77 to 41.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.50 from a horizontal line in the daily time frame.
- Resistance @52.88 from a horizontal line in the weekly time frame.
- Resistance @63.39 from a horizontal line in the weekly time frame.
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 | 16.83 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 83.17% 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 | MIXED | The current price of CPRT is above 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) | 53.34 | NEUTRAL | The RSI value for CPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CPRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.12 | NEUTRAL | The Stochastics value for CPRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for CPRT suggests a weak or negative trend. |
40.58
+0.3 (+0.74%)
COPART INC / CPRT 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 CPRT stock?
COPART INC (CPRT) has an RSI value of 53.3449. 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 0.000991348, indicating a bearish trend.
What is the support and resistance level for CPRT stock?
COPART INC (CPRT) has a support level at 38.41 and a resistance level at 40.77. Check the full technical report for our detailed analysis of CPRT support and resistance levels.