COPART INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	CPRT
ISIN:

COPART INC. - Daily - Technical analysis published on 01/23/2025 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

33%

My opinion

Bullish above 55.50 USD

My targets

62.61 USD (+8.64%)

63.80 USD (+10.71%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on COPART INC. as long as the price remains well above 55.50 USD. The buyers' bullish objective is set at 62.61 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 63.80 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

COPART INC. rating 57.63 USD. On the day, this instrument lost -0.05% and was between 57.02 USD and 57.72 USD. This implies that the price is at +1.07% from its lowest and at -0.16% from its highest.

57.02

57.72

57.63

Here is a more detailed summary of the historical variations registered by COPART INC.:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of COPART INC. indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	52.18	53.46	55.50	57.63	58.07	62.61	63.80
Change (%)	-9.46%	-7.24%	-3.70%	-	+0.76%	+8.64%	+10.71%
Change	-5.45	-4.17	-2.13	-	+0.44	+4.98	+6.17
Level	Minor	Minor	Major	-	Major	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.60	56.95	57.30	57.65	58.00	58.35	58.70
Camarilla	57.47	57.53	57.60	57.66	57.72	57.79	57.85
Woodie	56.61	56.95	57.31	57.65	58.01	58.35	58.71
Fibonacci	56.95	57.21	57.38	57.65	57.91	58.08	58.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.36	54.24	55.57	56.45	57.78	58.66	59.99
Camarilla	56.29	56.50	56.70	56.90	57.10	57.31	57.51
Woodie	53.59	54.35	55.80	56.56	58.01	58.77	60.22
Fibonacci	54.24	55.08	55.61	56.45	57.29	57.82	58.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.06	53.12	55.26	59.32	61.46	65.52	67.66
Camarilla	55.69	56.25	56.82	57.39	57.96	58.53	59.10
Woodie	48.09	52.64	54.29	58.84	60.49	65.04	66.69
Fibonacci	53.12	55.49	56.96	59.32	61.69	63.16	65.52

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.08
MACD (12,26,9):	-0.4900
Directional Movement:	-0.93
AROON (14):	-50.00
DEMA (21):	56.72
Parabolic SAR (0,02-0,02-0,2):	55.50
Elder Ray (13):	0.23
Super Trend (3,10):	58.59
Zig ZAG (10):	57.61
VORTEX (21):	0.8500
Stochastique (14,3,5):	78.28
TEMA (21):	56.26
Williams %R (14):	-14.00
Chande Momentum Oscillator (20):	0.71
Repulse (5,40,3):	0.5300
ROCnROLL:	1
TRIX (15,9):	-0.1900
Courbe Coppock:	3.23

MA7:	56.95
MA20:	57.16
MA50:	58.91
MA100:	55.64
MAexp7:	57.13
MAexp20:	57.42
MAexp50:	57.53
MAexp100:	56.43
Price / MA7:	+1.19%
Price / MA20:	+0.82%
Price / MA50:	-2.17%
Price / MA100:	+3.58%
Price / MAexp7:	+0.88%
Price / MAexp20:	+0.37%
Price / MAexp50:	+0.17%
Price / MAexp100:	+2.13%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on COPART INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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