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Archive
- 6/6/2025 -
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Copart (CPRT) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Copart (CPRT). During the week, the CPRT dropped -1.35 points, or -2.62%, and closed at 50.13 on Friday, June 6, 2025. Weekly volume was 37% above average.
CPRT is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 (52.68) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CPRT may retest the broken support line. It is considered to be a resistance line now. 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 uptrend had started on September 11, 2024 at 48.05 and reached 64.38 on November 27, 2024. CPRT gained -16.33 points, or -33.99%, in 11 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (52.81) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CPRT may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend.
 Weekly Technical Indicators: [See CPRT weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly 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. Use the following link to access a MACD help.
 Short-term trend: [See CPRT short-term trend chart]
A short-term downtrend had started on May 16, 2025 at 63.85 and reached 49.95 on June 5, 2025. CPRT lost 13.90 points, or 21.77%, in 20 days. Price is near the trend low.
 Daily Technical Indicators: [See CPRT daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is below its signal line since May 19, 2025. This is an indication that the short-term trend is down.
The distance between the Bollinger Bands (43.97%) is close to one year high (33.02%). It is 295.24% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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