(CARG) Cargurus Inc complete technical analysis [charts+indicators] | Buy/Sell Cargurus Inc | (CARG) share price targets
Complete technical analysis of Cargurus Inc (CARG) by charts plus indicators, forecast predictions and share price targets for Cargurus Inc (CARG)
Cargurus Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-04-12 View latest technical analysis
10 day averaged volume of Cargurus Inc is 687560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 22.36 | 22.72 | 22.85 | 22.15 | 0.856 times |
| 11 Thu Apr 2024 | 22.88 | 22.73 | 23.01 | 22.49 | 1.252 times |
| 10 Wed Apr 2024 | 22.64 | 23.06 | 23.28 | 22.61 | 1.241 times |
| 09 Tue Apr 2024 | 23.64 | 23.68 | 23.73 | 23.38 | 0.599 times |
| 08 Mon Apr 2024 | 23.46 | 23.46 | 23.72 | 23.30 | 0.862 times |
| 05 Fri Apr 2024 | 23.35 | 22.87 | 23.48 | 22.81 | 0.862 times |
| 04 Thu Apr 2024 | 22.85 | 22.93 | 23.38 | 22.83 | 0.944 times |
| 03 Wed Apr 2024 | 22.73 | 22.44 | 22.93 | 22.44 | 1.13 times |
| 02 Tue Apr 2024 | 22.60 | 22.46 | 22.72 | 22.40 | 1.064 times |
| 01 Mon Apr 2024 | 23.00 | 23.04 | 23.36 | 22.90 | 0.947 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 22.3, for a target of 22.7 or 23.04
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.02 |
| Downside Target | 21.72 |
| Upside Target | 22.91 |
| Upside Target | 23.44 |
| Upside Target | 23.73 |
| Upside Target | 23.75 |
| Upside Target | 23.82 |
| Upside Target | 24.02 |
| Upside Target | 24.22 |
| Upside Target | 24.27 |
| Upside Target | 24.64 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 21.76 |
| Downside Intraday Target | 21.17 |
| Upside Intraday Target | 23.34 |
| Upside Intraday Target | 24.33 |
| Upside Intraday Target | 22.75 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 22.36 | 23.46 | 23.73 | 22.15 | 0.972 times |
| 05 Fri Apr 2024 | 23.35 | 23.04 | 23.48 | 22.40 | 1.124 times |
| 28 Thu Mar 2024 | 23.08 | 23.18 | 23.75 | 22.91 | 0.621 times |
| 22 Fri Mar 2024 | 23.20 | 22.56 | 23.82 | 22.36 | 0.367 times |
| 15 Fri Mar 2024 | 22.47 | 22.93 | 23.44 | 22.01 | 1.711 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Cargurus Inc (CARG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 22.36 | 23.04 | 23.73 | 22.15 | 0.223 times |
| 28 Thu Mar 2024 | 23.08 | 22.22 | 24.22 | 22.01 | 1.296 times |
| 29 Thu Feb 2024 | 22.14 | 23.36 | 24.27 | 21.72 | 1.74 times |
| 31 Wed Jan 2024 | 23.24 | 23.84 | 24.02 | 22.46 | 0.637 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cargurus Inc (CARG)
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term and the sell signal is strong.
Cargurus Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Cargurus Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.9 and Cargurus Inc (CARG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cargurus Inc (CARG) stock. Volume based technical analysis of Cargurus Inc (CARG) stock is negative.
Cargurus Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term and the sell signal is strong.
Cargurus Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Cargurus Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.9 and Cargurus Inc (CARG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cargurus Inc (CARG) stock. Volume based technical analysis of Cargurus Inc (CARG) stock is negative.
Cargurus Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.