COPART INC (CPRT) Stock Technical Analysis
NASDAQ:CPRT • US2172041061
Overall CPRT gets a technical rating of 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 86% 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 68% 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 33.81 - 41.30 range, which is quite wide. It is currently trading near the lows of this range.
- CPRT has an average volume of 9184560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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
34.93
4 important resistance areas can be observed.
- A resistance zone ranging from 38.28 to 40.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.62 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 | DOWN | NEGATIVE | The short term trend for CPRT is down. |
| ChartMill Relative Strength | 14.84 | NEGATIVE | CPRT has a low relative strength, it was outperformed by 85.16% 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) | 28.26 | OVERSOLD | The low RSI value suggests CPRT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CPRT has a negative trend. |
| Stochastics (14,3) | 26.56 | NEUTRAL | The Stochastics value for CPRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.35 | POSITIVE | The high ADX value value for CPRT suggests a strong trend. |
35.28
-0.08 (-0.23%)
COPART INC / CPRT FAQ
What is the ChartMill technical rating of COPART INC (CPRT) stock?
ChartMill assigns a technical rating of 0 / 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 28.264. This indicates that the stock is currently oversold.
Can you provide the MACD signal for COPART INC?
The MACD indicator for COPART INC (CPRT) has a value of -0.449805, indicating a bearish trend.
What is the support and resistance level for CPRT stock?
COPART INC (CPRT) has a resistance level at 38.28. Check the full technical report for our detailed analysis of CPRT support and resistance levels.