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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% 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 79% are performing better than CPRT.
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.
In the last month CPRT has a been trading in the 45.52 - 49.85 range, which is quite wide. It is currently trading near the lows of this range.
CPRT has an average volume of 7684510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CPRT has a poor technical rating and the quality of the setup is also only medium 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
45.42
64.44
When analyzing the support we notice one important area.
- A support zone ranging from 45.88 to 45.97. 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 49.33 to 49.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 50.46 to 50.50. 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 | DOWN | NEGATIVE | The short term trend for CPRT is down. |
| ChartMill Relative Strength | 11.58 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 88.42% 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) | 32.14 | NEUTRAL | The RSI value for CPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CPRT has a positive trend. |
| Stochastics (14,3) | 14.61 | OVERSOLD | The low Stochastics value suggests CPRT may be oversold. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for CPRT suggests low volalility. |
| Average Directional Index/ADX (14) | 40.84 | 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)
46.39
+0.36 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.78%
1 Week1.07%
2 Weeks-4.37%
1 Month-2.79%
3 Month-23.83%
6 Month-19.6%
12 Month-9.13%
2 Year4.97%
3 Year44.86%
5 Year98.99%
10 Year930.03%
15 Year1936.88%
Volatility
ATR(14)0.86
ATR(20)%1.9%
ATR Inc-24.43%
Range Today0.93
ADR(20)0.86
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.58
Mansfield-2.19
10 Day High48.8
10 Day Low45.52
20 Day High49.86
20 Day Low45.52
52 Week High64.38
52 Week Low45.52
CS1 End45.97
CR1 Start49.33
Volume & EV
DER(3)-0.21%
DER(5)0.45%
Volume6.76M
Volume Incr1.49%
Vol(5)8.02M
Vol(50)7.68M