CPRT Weekly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT has undergone a catastrophic long-term trend reversal, plunging from highs near 65 to current levels below 35. The stock has violently sliced through its 50-week and 200-week moving averages, trapping significant long-term supply overhead. While short-term oversold conditions (RSI near 32) might provoke a violent reflex rally, the macro structure is decisively broken. Any rallies will likely encounter brutal resistance at the 43-45 moving average confluence zone.
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CPRT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is significantly below the 50-week and 200-week SMAs, establishing a sustained downtrend. RSI is deep in oversold territory near 32, and MACD shows sustained negative momentum below the zero line, confirming intense selling pressure in the short-to-medium term.
Long-term Sentiment (weeks to months): Bearish
The long-term structural uptrend has broken. Price fell sharply from all-time highs, collapsing through both the 50-week and 200-week SMAs. The 50-week SMA has rolled over, signaling a macro trend reversal.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-04-18T09:08:01.186Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $30.50 | $30.00 - $31.00 | Strong | Major prior consolidation zone and swing lows from mid-2022 that served as the launchpad for the previous macro rally. |
| $28.00 | $27.50 - $28.50 | Weak | Secondary support structure from late 2021/early 2022 swing lows. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $37.50 | $37.00 - $38.00 | Weak | Recent breakdown level and minor consolidation prior to the final leg down. |
| $44.00 | $43.00 - $45.00 | Strong | Massive confluence zone featuring the 50-week SMA, the 200-week SMA, and a major structural breakdown pivot level. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top Breakdown | Bearish | N/A | A massive multi-year topping structure appears to have completed and broken down, leading to the severe decline observed on the right side of the chart. |
| Strong | Death Cross (Pending/Recent) | Bearish | N/A | The 50-week SMA is rapidly converging downward toward the 200-week SMA. A cross would be a significant long-term bearish structural signal. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price is significantly below the 50-week and 200-week SMAs, establishing a sustained downtrend. RSI is deep in oversold territory near 32, and MACD shows sustained negative momentum below the zero line, confirming intense selling pressure in the short-to-medium 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 $30.50 and $28.00. 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.