CPRT Daily Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
Copart (CPRT) remains in a technically bearish posture, trading below all key moving averages including the 200-day SMA which is sloping downward. Short-term price action shows a rejection of the 50-day SMA resistance followed by increased selling volume and a bearish MACD crossover. While the RSI is approaching oversold levels which may prompt a minor consolidation, the prevailing trend suggests a retest of the major support zone around 34.00-35.00.
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CPRT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has recently rejected off the 50-day SMA and broken below the 20-day SMA. Momentum is negative with a fresh bearish crossover on the MACD and RSI trending downward towards oversold territory.
Long-term Sentiment (weeks to months): Bearish
The stock is trading well below a declining 200-day SMA. The overall structure is characterized by a series of lower highs and lower lows since mid-2024.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-17T22:10:51.255Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $37.08 | $36.82 - $37.34 | Weak | Immediate support at the recent daily low and the lower Bollinger Band. |
| $34.50 | $34.00 - $35.00 | Strong | Major swing low area established in late 2024. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $39.75 | $39.50 - $40.00 | Strong | Confluence of the 20-day SMA, 50-day SMA, and psychological round number. |
| $42.75 | $42.50 - $43.00 | Weak | Recent swing high and upper Bollinger Band area. |
| $45.85 | $45.69 - $46.00 | Strong | The declining 200-day SMA acts as major trend resistance. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel | Bearish | $34.50 | Consistent pattern of lower highs and lower lows visible since the large drop in mid-2024. |
| Strong | Bearish Rejection | Bearish | N/A | Price failed to sustain a breakout above the 50-day SMA and has sharply reversed lower. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price has recently rejected off the 50-day SMA and broken below the 20-day SMA. Momentum is negative with a fresh bearish crossover on the MACD and RSI trending downward towards oversold territory.. The long-term trend is classified as Bearish.
What are the key support levels for CPRT?
StockDips.AI has identified key support levels for CPRT at $37.08 and $34.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is CPRT in a significant dip or a Value Dip right now?
CPRT has a Value Score of 84/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.