CPRT Weekly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT remains entrenched in a defined weekly downtrend, trading significantly below its 50-week and 200-week moving averages. Recent counter-trend rally attempts were firmly rejected at the declining 20-week SMA near 31.00, confirming that sellers retain control. Unless the stock can reclaim the 35.00-36.00 zone, technical risks point toward a retest of the 26.80-28.00 support area.
Included In Lists
Related Tickers of Interest
CPRT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price faced rejection near the declining 20-week SMA at 30.92, leaving an upper wick and resuming downward momentum with RSI suppressed below 40.
Long-term Sentiment (weeks to months): Bearish
The stock remains in a sustained multi-month downtrend well beneath both its 50-week (35.35) and 200-week (45.23) SMAs after breaking down from a major top.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-18T21:05:45.874Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $27.40 | $26.80 - $28.00 | Moderate | Corresponds to the recent cycle swing low, the lower Bollinger Band, and historical horizontal support from mid-2022. |
| $24.25 | $23.50 - $25.00 | Weak | Historical base and consolidation area from earlier cyclical swings. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $31.95 | $30.90 - $33.00 | Moderate | Confluence of the 20-week moving average and recent swing high rejection zone. |
| $35.50 | $35.00 - $36.00 | Strong | Major resistance marked by the descending 50-week SMA and the upper Bollinger Band. |
| $45.25 | $44.50 - $46.00 | Strong | Long-term inflection level defined by the flat 200-week SMA and prior multi-month consolidation breakdown. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $38.00 | Large multi-month topping pattern completed near 64.00-65.00 with the neckline breakdown near 52.00 leading into the prevailing downtrend. |
| Strong | Bearish Downtrend | Bearish | $26.80 | Consistent sequence of lower swing highs and lower swing lows contained beneath falling short- and intermediate-term moving averages. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price faced rejection near the declining 20-week SMA at 30.92, leaving an upper wick and resuming downward momentum with RSI suppressed below 40.. 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 $27.40 and $24.25. 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.