CPRT Weekly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT has suffered a major technical breakdown on the weekly chart, ending a prolonged multi-year bull run. The decisive loss of the 200-week SMA and an impending bearish crossover of the 50 and 200-week averages indicate a significant long-term trend reversal. While short-term oscillators like RSI suggest the stock is oversold and a relief rally is possible, overhead resistance is substantial, and the broader structural bias remains firmly bearish until significant base-building occurs.
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CPRT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep, established downtrend, trading below the declining 20-week SMA and riding the lower Bollinger Band. While RSI is near oversold levels and MACD shows a nascent bullish crossover deep in negative territory, the dominant price structure remains heavily skewed to the downside.
Long-term Sentiment (weeks to months): Bearish
The multi-year uptrend has been decisively broken, evidenced by the sharp fall below the critical 200-week SMA. Furthermore, a bearish 'death cross' of the 50-week SMA below the 200-week SMA appears imminent, signaling a major structural trend reversal.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:36:39.211Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $35.50 | $34.00 - $37.00 | Weak | Current price is testing a historical consolidation zone that previously acted as both resistance and support; however, downward momentum is strong. |
| $28.75 | $27.50 - $30.00 | Strong | Major structural support zone derived from a significant prior multi-year swing low. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $43.75 | $42.50 - $45.00 | Strong | Confluence of a previous structural support zone that has now flipped to resistance, aligning closely with the broken 200-week SMA. |
| $50.00 | $47.50 - $52.50 | Strong | Major structural breakdown level and confluence with the declining 50-week SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Major Top / Distribution | Bearish | N/A | A massive multi-year topping structure characterized by an initial peak near 65 followed by a lower high, culminating in a violent breakdown below all major moving averages and neckline support. |
| Strong | Established Downtrend | Bearish | N/A | A clear sequence of lower highs and lower lows over an extended period, confirming a shift from a bull to a bear market regime on the weekly timeframe. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price is in a steep, established downtrend, trading below the declining 20-week SMA and riding the lower Bollinger Band. While RSI is near oversold levels and MACD shows a nascent bullish crossover deep in negative territory, the dominant price structure remains heavily skewed to the downside.. 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 $35.50 and $28.75. 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 85/100. 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.