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Uptrend ExhaustionArchive - 9/5/2025 - Sign In to see current Signals. |
Copart (CPRT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Copart (CPRT). During the week, the CPRT gave back -0.24 points, or -0.49%, and closed at 48.57 on Friday, September 5, 2025. Weekly volume was 97% above average.
Long-term trend: [See CPRT long-term trend chart] A long-term uptrend had started on October 3, 2023 at 42.41 and reached 64.38 on November 27, 2024. CPRT gained -21.97 points, or -51.80%, in 60 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (53.93) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See CPRT medium-term trend chart] A medium-term downtrend had started on November 27, 2024 at 64.38 and reached 45.05 on August 1, 2025. CPRT lost 19.33 points, or 30.02%, in 35 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 43.05 and resistance is at 63.50. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See CPRT weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since May 23, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See CPRT short-term trend chart] A short-term uptrend had started on August 1, 2025 at 45.05 and reached 50.11 on September 4, 2025. CPRT gained -5.06 points, or -11.23%, in 34 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See CPRT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 18, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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