We assign a technical rating of 3 out of 10 to CPRT. 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.
- 84% of all other stocks performed better in the past year than CPRT.
- CPRT is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry, of which 65% are performing better 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.
- In the last month CPRT has a been trading in the 37.41 - 41.79 range, which is quite wide. It is currently trading near the high of this range.
- CPRT has an average volume of 8946390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CPRT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 41.55. Right above this resistance zone may be a good entry point.
More info and screens
37.38
When analyzing the support we can see 2 important areas.
- 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 41.55 to 41.55. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for CPRT is up. |
| ChartMill Relative Strength | 16.52 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 83.48% 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) | 64.58 | 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) | 90.94 | OVERBOUGHT | The high Stochastics value suggests CPRT may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.82 | NEUTRAL | The ADX value for CPRT suggests a possible start of a new trend. |
41.54
+0.14 (+0.34%)
COPART INC / CPRT FAQ
What is the ChartMill technical rating of COPART INC (CPRT) stock?
ChartMill assigns a technical rating of 3 / 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 64.585. 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 0.253038, 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 41.55. Check the full technical report for our detailed analysis of CPRT support and resistance levels.