CPRT Daily Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT remains entrenched in a severe long-term downtrend, trading significantly below its major moving averages. Short-term momentum has re-accelerated to the downside following a breakdown from a recent consolidation phase, confirmed by bearish MACD expansion. The overall technical posture remains firmly bearish until a clear reversal structure or a break above key resistance levels occurs.
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CPRT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is making new local lows below the 20-day and 50-day MAs. The MACD line has crossed below the signal line with an expanding negative histogram, indicating accelerating downward momentum. RSI is falling towards oversold levels.
Long-term Sentiment (weeks to months): Bearish
The chart exhibits a protracted, structural downtrend. The price is trading significantly below a sharply declining 200-day SMA, and the 50-day SMA is also sloping downwards underneath it.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-08T21:08:50.943Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $30.25 | $30.00 - $30.50 | Weak | Immediate support zone established by the current swing low. It is currently being tested. |
| $28.50 | $28.00 - $29.00 | Weak | Historical support area derived from previous price action and psychological round number. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $32.75 | $32.50 - $33.00 | Strong | Confluence of the declining 20-day and 50-day SMAs acting as dynamic resistance, aligning with the bottom of the previous consolidation zone. |
| $34.75 | $34.50 - $35.00 | Strong | Recent swing high established before the latest downward leg. |
| $39.00 | $38.50 - $39.50 | Strong | Major resistance zone marked by the declining 200-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel | Bearish | N/A | A persistent sequence of lower highs and lower lows dominating the visible chart period, contained broadly within a descending channel structure. |
| Strong | Bear Flag Breakdown | Bearish | N/A | Price recently consolidated sideways between roughly 32.00 and 35.00 after a sharp drop, forming a flag. The price has now broken downwards out of this consolidation, resuming the primary trend. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price is making new local lows below the 20-day and 50-day MAs. The MACD line has crossed below the signal line with an expanding negative histogram, indicating accelerating downward momentum. RSI is falling towards oversold levels.. 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 $30.25 and $28.50. 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 76/100. 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.