CPRT Weekly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT remains in a dominant weekly downtrend after failing to sustain a relief bounce into the descending 50-week moving average around 34.70. Trading well below the 20-, 50-, and 200-week moving averages, price action is retesting the critical 25.50–26.50 support region. A decisive breach of this local floor would likely expose the deeper 2022 macro base near 21.00–23.00, with no technical signs of reversal yet confirmed.
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CPRT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price recently faced a sharp rejection from the declining 20-week and 50-week SMAs near 34.70 and has resumed a steep downward trajectory toward the lower Bollinger Band.
Long-term Sentiment (weeks to months): Bearish
Price remains in a persistent multi-month downtrend following the breakdown below the 200-week SMA at 45.17, characterized by consecutive lower highs and lower lows.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-10-02T21:05:26.712Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $26.00 | $25.50 - $26.50 | Moderate | Recent multi-year swing low and alignment with the weekly lower Bollinger Band. |
| $22.00 | $21.00 - $23.00 | Strong | Major historical base and demand zone formed during late 2022 to early 2023. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $30.50 | $30.00 - $31.00 | Moderate | Confluence of the 20-week SMA and intermediate breakdown level. |
| $34.50 | $34.00 - $35.00 | Strong | 50-week SMA and recent counter-trend rally peak where heavy selling resumed. |
| $45.25 | $44.50 - $46.00 | Strong | 200-week SMA and major long-term structural pivot. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Continuation | Bearish | $23.00 | Clear sequence of lower highs and lower lows beneath all major moving averages, reinforced by a rejection at the 50-week SMA. |
| Strong | Double Top | Bearish | $36.00 | Large multi-month topping pattern completed near 64.00 that triggered the ongoing macro decline. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price recently faced a sharp rejection from the declining 20-week and 50-week SMAs near 34.70 and has resumed a steep downward trajectory toward the lower Bollinger Band.. 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 $26.00 and $22.00. 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 61/100. 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.