CPRT Daily Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
The technical posture for CPRT is heavily bearish on a long-term basis, characterized by lower highs, lower lows, and price suppression below major moving averages. The current price action represents a weak relief rally or consolidation phase (bear flag) following a significant decline. Unless buyers can force a sustained breakout above the 50-day SMA resistance zone, the path of least resistance remains downward, with a retest of the recent lows around 30 likely.
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CPRT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is currently consolidating sideways after a steep drop, oscillating around the 20-day SMA. While MACD shows a bullish crossover below zero, RSI remains constrained near the 40 level, indicating a lack of strong directional momentum in the near term.
Long-term Sentiment (weeks to months): Bearish
The prevailing trend is a sustained, significant downtrend with the price action remaining well below downward-sloping 50-day and 200-day Simple Moving Averages.
Report Metadata
- Timeframe: daily
- Generated at: 2026-04-24T21:09:28.522Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $30.75 | $30.00 - $31.50 | Strong | Recent major swing low that halted the aggressive selloff; serves as the floor of the current consolidation range. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $34.50 | $34.00 - $35.00 | Strong | Recent consolidation high, heavily reinforced by the declining 50-day SMA acting as dynamic resistance overhead. |
| $41.75 | $41.00 - $42.50 | Weak | Previous breakdown level and consolidation zone prior to the last major leg down, currently aligning near the 200-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish Consolidation / Bear Flag | Bearish | N/A | A sideways, slightly upward-drifting consolidation channel forming immediately after a steep, high-volume downward thrust. This structure typically acts as a continuation pattern for the prevailing downtrend. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Neutral because Price is currently consolidating sideways after a steep drop, oscillating around the 20-day SMA. While MACD shows a bullish crossover below zero, RSI remains constrained near the 40 level, indicating a lack of strong directional momentum in the near term.. 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 $30.75. 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 38/100. It is not 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.