Copart (CPRT) Monthly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
Copart is undergoing an aggressive secular correction following a double-top distribution peak near 64.00. The breakdown below both the 20-month and 50-month moving averages shifted the structural bias downward, with RSI declining below 40 confirming strong selling pressure. Long-term investors should watch for stabilization around the primary support zone between 25.70 and the rising 200-month SMA near 19.63.
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CPRT Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has experienced a severe multi-month decline, breaking cleanly below the 20-month and 50-month moving averages with RSI dipping below 40 into a bearish regime.
Long-term Sentiment (weeks to months): Neutral
While the secular multi-year uptrend remains preserved above the rising 200-month SMA (19.63), the decisive breakdown below the 50-month SMA confirms a substantial corrective phase.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $26.60 | $25.70 - $27.50 | Moderate | Corresponds to the 2022 corrective swing lows and the recent monthly candle trough. |
| $20.50 | $19.50 - $21.50 | Strong | Major secular support confluence consisting of the lower Bollinger Band and the rising 200-month SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $39.00 | $37.50 - $40.50 | Strong | Prior multi-year support zone turned resistance, aligned closely with the declining 20-month moving average (40.19). |
| $44.25 | $43.50 - $45.00 | Moderate | Confluence of the 50-month moving average (43.92) and the prior distribution breakdown level. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $25.00 | A prominent multi-year double top formed near the 64.00 region, subsequently confirmed by a high-volume breakdown through intermediate structural support. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price has experienced a severe multi-month decline, breaking cleanly below the 20-month and 50-month moving averages with RSI dipping below 40 into a bearish regime. The long-term trend is classified as Neutral.
What are the key support levels for CPRT?
StockDips.AI has identified key support levels for CPRT at $26.60 and $20.50. 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 80/100. 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.