CPRT Weekly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT is experiencing a significant technical breakdown on the weekly chart, having fallen below the long-term 200-week moving average. The price action is heavily bearish, with expanding volume on down weeks and momentum indicators like the MACD showing strong negative divergence. While the RSI is approaching oversold territory at 32, suggesting a potential short-term bounce, the structural damage to the chart suggests the primary trend has shifted downwards.
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CPRT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp decline, trading well below the 200-week SMA and riding the lower Bollinger Band. Momentum is negative with RSI nearing oversold levels.
Long-term Sentiment (weeks to months): Bearish
The stock has lost the critical support of the 200-week SMA (44.73), signaling a major trend reversal. The 50-week SMA is sloping downward, confirming structural weakness.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-15T00:16:53.115Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $36.00 | $35.00 - $37.00 | Strong | Consolidation zone and breakout level from early 2023. |
| $31.00 | $30.00 - $32.00 | Strong | Major swing lows and congestion area from late 2022. |
| $26.00 | $25.00 - $27.00 | Weak | Cycle lows from mid-2022. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $45.11 | $44.73 - $45.50 | Strong | Convergence of the 200-week SMA and the recent breakdown level. |
| $47.67 | $47.34 - $48.00 | Strong | 50-week SMA acting as dynamic resistance. |
| $56.25 | $55.00 - $57.50 | Weak | Upper bounds of the previous distribution range. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Major Trend Breakdown | Bearish | N/A | Price has decisively broken below the 200-week SMA and previous support structures, indicating a shift from a long-term uptrend to a downtrend. |
| Strong | Broad Topping Formation | Bearish | N/A | A prolonged distribution phase throughout 2024 characterized by rounded tops and lower highs, leading to the current capitulation. |
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 sharp decline, trading well below the 200-week SMA and riding the lower Bollinger Band. Momentum is negative with RSI nearing 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 $36.00 and $31.00. 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 75/100. 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.